Bitcoin (BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records. New data from onchain analytics platform CryptoQuant shows that investor capitulation has not yet matched the levels of the 2022 bear market. “Realized losses are calculated in USD, so logic would dictate that with similar behavior, USD losses during bear markets should be increasingly significant given that market capitalization keeps growing,” contributor Darkfost wrote in a post on X. Realized losses refer to coins moving onchain at a lower price compared to their previous transaction — a telltale sign that ... (full story)