Bitcoin addresses holding between 100 and 10,000 BTC experienced significant losses in the first quarter of 2026, with an average daily realized loss of approximately $337 million, according to Glassnode data. This marks the worst quarterly performance since 2022. Specifically, addresses holding 100 to 1,000 BTC, known as "shark" addresses, faced daily losses of about $188.5 million, while "whale" addresses holding 1,000 to 10,000 BTC saw daily losses of approximately $147.5 million. The total realized losses for the year have reached around $30.91 billion, second only to the $396 million daily losses during the bear market in Q2 2022.