finance
Bitcoin Falls Below $59,100 as Record 10.83 Million Coins Trade at a Loss
Bitcoin traded at $59,526.87 on June 25 after falling below $59,100 the prior day. The amount of the cryptocurrency held at a loss hit an all-time high of 10.83 million coins.
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Bitcoin traded at $59,526.87 on June 25, 2026, after dropping below $59,100 the day before. The decline pushed the volume of coins held at a loss to a record 10.83 million BTC, according to Glassnode data. Four months earlier the figure stood at 9.8 million BTC.
It rose to 10.78 million in early June. The latest level exceeds the roughly 10.5 million BTC recorded near cycle lows in 2019, 2020 and 2022. Long-term holders controlled 14.8 million BTC as of June 25, also an all-time high.
These investors own about 75 percent of the roughly 20 million BTC in circulation, with 37 percent of their holdings underwater. Of that total, 5.58 million BTC were at a loss, the second-highest amount on record after March 2020. Bitcoin has tested the $60,000 level repeatedly since February 2026, falling below it several times.
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