BTC Loss Flow Hits 68.5K in 24H As STH Selling Pressures Price Again

The chart shows a clear jump in STH loss transfers, with the 24H value near 68500 BTC, and that level marks a new high.

Past data shows 65000 BTC moved on Nov 14 and 68000 BTC moved on Nov 18, and the pattern signals rising pressure.

The shift points to fast capitulation among new holders, and this recent wave formed during a strong price decline.

BTC saw a sharp rise in loss transfers from short-term holders as more than 68500 coins moved to exchanges within a single 24-hour window. The transfer flow formed a new peak and matched a growing pattern of heavy selling from newer market participants. The chart also showed repeated loss waves through the past several days as the price trended sharply lower.

Steady Rise in STH Loss Transfers Across Several Days

The latest data displayed a tall spike in the STH loss line. This move reached the 68500 mark. It also came after similar surges earlier in the week. On November 14, the same metric reached around 65000 BTC. On November 18, it rose to 68000 BTC. Each day added to a visible trend of loss-driven selling.

The price line on the chart moved lower through the same period. This suggests the loss transfers came during fast market stress. The combined structure created a picture of sustained pressure across short-term holders.

Short-Term Holders Drive the Largest Loss Wave of the Month

The metric tracks BTC sent to exchanges at a loss by wallets that hold coins for a short period. The line turned sharply down several times over the past two months. These down spikes represent loss transfers.

The newest down spike formed the strongest value on the chart. The 68500 mark placed it above all recent events. This move represented roughly 5.7 billion dollars at the current price level.

A cluster of labels near the latest low marked the exact values. One label showed 65K BTC. Another showed 68K BTC. The final label showed 68.5K BTC. Together, these points created a steep sequence that pushed the trend deeper into negative territory.

Acceleration in Capitulation Behavior Appears on the Chart

The text notes that the market is entering a phase of accelerating capitulation. The chart supports that view with repeated steep drops in the STH loss line. Each drop matches strong selling by newer investors.

Price action on the chart also reflects the pressure. The white price line trends lower from mid-October to late November. The slope turns sharper in the final section of the chart. This aligns with the largest loss transfers.

Loss waves like these commonly form when short-term holders exit rapidly. The metric then reflects their behavior as deep negative values. These events sometimes occur during strong corrections that develop within short periods.

The current phase appears linked to heavy exits from investors who bought near higher price levels. The magnitude of the new 24-hour loss transfer adds weight to that interpretation. The clustering of values above 65000 BTC across several dates supports that view.

The chart ends with BTC near the lower bound of the plotted price range. The STH loss line sits in a deep negative area at the same time. Both lines show sharp moves that formed together during this correction cycle. The key question is whether this large loss wave signals the end of this capitulation phase or points to more downside ahead.