PANews March 14 news, according to Cointelegraph, Onchained, a contributor to the on-chain analysis platform CryptoQuant, pointed out in a blog post that due to panic selling, Bitcoin speculators have confirmed losses of more than $100 million in just six weeks. These speculators "lost" and left the market. The group of investors who held Bitcoin for 1 to 3 months suffered a heavy blow from the brutal bull market correction, and many failed to hold on to the end. This means that the value of the Bitcoin held by this group has shrunk significantly, and they are currently in a loss state because many people bought at a higher price but exited at a loss. The market value they hold is now lower than the realized market value, indicating that these holders are locking in realized losses. This behavior not only exacerbates selling pressure, but may also lead to further declines in Bitcoin prices in the short term. The chart accompanying the article shows that the weekly change in realized market value has shown a rare significant negative value in months. In addition, the net unrealized profit and loss (NUPL) score of the group is currently -0.19, which also shows that the number of tokens currently held at a loss is more than at any time in the past year. At the same time, large holding entities are increasingly ignoring short-term BTC price fluctuations and choosing to increase their holdings at around $80,000.