Analysts: Bitcoin losses continue to rise, and the market still has room for further clearing.

CoinFeed reported on June 7th that analyst Darkfost published an article on the X platform stating that since the Bitcoin market peaked last October, holders have accumulated losses of approximately $174 billion. Comparing this to historical data, the 2014 bear market resulted in accumulated losses of $2.4 billion, rising to $60 billion in 2019. As Bitcoin's market capitalization expands, the scale of bear market losses has also increased year by year. Data shows that the previous bear market resulted in accumulated losses of $211 billion, and the current figure has not yet broken that record. The analysis points out that there is still room for further market clearing, and if the bear market continues for several months, the accumulated losses in this round are expected to surpass the previous cycle's peak.