Investors who purchased the leading cryptocurrency in the past six months have faced losses nearing 13%. Historically, this level corresponds to capitulation and indicates the peak of panic selling, noted CryptoQuant.
The Capitulation Clock: Data Shows Bitcoin’s Panic is Flushing Out Weak Hands
“Statistically, when the Short-Term Holder cohort hits a realized loss of this magnitude, it historically indicates that panic selling is at its peak” – By @Crazzyblockk pic.twitter.com/SU3wfQDPwj
— CryptoQuant.com (@cryptoquant_com) November 14, 2025
Following the price drop below $98,401 and reaching such loss levels, short-term holders began to lock in losses en masse in Bitcoin.
“This created a self-sustaining cycle of fear and selling, characteristic of the final stage of a sharp correction,” analysts emphasized.
In their view, such a stressful period is marked by the cleansing of the market from “weak hands” and is associated with reaching a local bottom.
“Statistically, when the short-term holder cohort experiences a realized loss of this scale, it indicates that panic selling has peaked,” concluded the experts.
Positive Signals
At Santiment, attention was drawn to a “critical shift” in social media sentiment amid the cryptocurrency’s drop to $95,000. Discussions about “buying the dip” sharply decreased. Analysts considered this a potential sign of a bottom being reached.
However, overly optimistic sentiments that “it can’t get worse” were labeled as a “warning signal.”
“A true market bottom rarely occurs when the crowd confidently predicts a minimum. It usually forms when everyone agrees that prices will be significantly lower,” specialists from the analytical platform highlighted.
Experts at Swissblock pointed to the rising dominance of stablecoins relative to Bitcoin. This suggests that capital is not leaving the market but is instead entering a waiting phase—a classic accumulation of “dry powder,” they believe.
Stablecoin dominance is surging as BTC breaks below $100K: capital is not leaving the system, it’s waiting.
There is no panic rotation into Bitcoin yet.
Instead, buying power is parking in stables, a classic dry-powder accumulation.$BTC is defending $97K–$98.5K zone, but… pic.twitter.com/9IJms1McF5— Swissblock (@swissblock__) November 13, 2025
“There is no panic rotation out of Bitcoin yet,” analysts stated.
CryptoQuant confirmed that over the past month, stablecoin reserves on Binance alone have increased by $5.76 billion.
Stablecoin Deposits to Binance Have Risen by $5.76B Over the Last 30 Days
“Over the past month, more than $5.76B in stablecoins has been deposited to Binance, suggesting traders are moving funds onto the exchange to buy or trade.” – By @JA_Maartun pic.twitter.com/bTrBBb2wt1
— CryptoQuant.com (@cryptoquant_com) November 14, 2025
“This suggests that traders are moving funds to the exchange for buying or trading,” experts emphasized.
Back in earlier reports, based on three key metrics for institutional investors, analyst Axel Adler Jr. suggested a correction of the leading cryptocurrency to $74,000.