Bitcoin holders have incurred approximately $174 billion in losses since the market peaked in October last year, according to analyst Darkfost. This figure, reported on June 7th, highlights the increasing scale of losses in bear markets as Bitcoin's market capitalization grows. Historical data shows that cumulative losses were $2.4 billion in 2014 and $60 billion in 2019. The last bear market saw losses reach $211 billion, a record that has not yet been surpassed. Analysts suggest that if the current bear market persists, cumulative losses could exceed previous records.