Retail investors see record losses in BTC drop as whales accumulate

Retail investors are exiting the market with record-high realized losses amid the recent Bitcoin correction, while large-scale investors are accumulating, according to a CryptoQuant contribution by analyst CW8900. The analyst noted that on-chain realized losses for BTC reached approximately $3.2 billion on Feb. 5, with net realized losses hitting $13.6 billion on Feb. 7, reflecting the market fear at the time. While retail investors showed signs of capitulation, large addresses holding over 1,000 BTC have accumulated approximately 270,000 BTC, worth $23 billion, over the past 30 days. CW8900 concluded that the current situation is a strong correction rather than a simple bear market, and market health is recovering as excessive leverage unwinds. A strong rebound is expected once selling pressure from retail investors subsides, as large addresses continue to absorb the supply.