The analytical company CryptoQuant has reported an intensification of capitulation among short-term Bitcoin holders. According to recent data, key market indicators are showing minimal values, which is typical for the final stages of a market correction.
This is reported by Finway
SOPR and MVRV Indicators Reach Lows
The STH-SOPR index, which reflects the profitability of coins being transferred between owners, has remained below the 1 mark for several weeks and currently stands at 0.97. This indicates that the majority of short-term holders are selling their assets at a loss. Experts emphasize that such a situation in past market cycles has been characteristic of panic selling periods.
Another important indicator is the STH-MVRV, which has also fallen significantly below one. This means that almost all recent Bitcoin buyers are in a loss zone, further increasing pressure on the market.
Signs of Correction Completion and Recovery Prospects
An additional indication of panic sentiment was the transfer of over 65,000 BTC to centralized exchanges, accompanied by loss realization. According to CryptoQuant analysts, this is no longer just a pessimistic mood but an active desire among investors to rid themselves of coins — a clear sign of late capitulation.
Experts note that such a market situation often precedes a recovery phase. Once weak players exit the market, selling pressure gradually decreases. This creates favorable conditions for a potential rise in Bitcoin’s price, although a rapid trend reversal is not guaranteed.
“Volatility may persist, but the cleansing of weak players has already begun — and historically, this process has signified the later stages of a correction, not its beginning,” analysts concluded.
Previously, CryptoQuant reported that the current Bitcoin correction could extend to the level of $87,500.