According to @Andre_Dragosch, Bitcoin (BTC) just posted the second-highest short-term holder capitulation on record. Source: @Andre_Dragosch on X, Nov 24, 2025. The author states that only the Yen carry trade unwind in August 2024 was larger. Source: @Andre_Dragosch on X, Nov 24, 2025. He adds that the current setup looks like a market bottom for BTC, highlighting the extreme capitulation backdrop. Source: @Andre_Dragosch on X, Nov 24, 2025.