BlockBeats News, June 7th. Analyst Darkfost posted on social media, stating that since the market peak in October last year, Bitcoin holders have realized a cumulative loss of about $174 billion. As the realized loss is measured in US dollars, with the continuous growth of Bitcoin's market value, the size of losses in each bear market has been expanding. Data shows that the cumulative realized loss in the 2014 bear market was only about $2.4 billion, with Bitcoin's total market value at that time ranging from $6 billion to $8 billion; during the 2019 period, this number rose to about $60 billion.

However, the realized loss in the current cycle has not yet broken the record. The cumulative realized loss in the previous bear market was about $211 billion, higher than the current level. Analysts believe this indicates that there may still be room for further market clearing. If the bear market continues for several months, the cumulative realized loss could exceed the record of the previous cycle. However, as of now, even though the current bear market has entered a deeper stage, the actual market loss is still below the peak level of the previous cycle.