Short-Term Holders Move 46,524 Bitcoin to Exchanges: Profit-Taking And Capitu...
Bitcoin is once again facing critical conditions, with the price retesting the range lows near $110,000 following a volatile and uncertain weekend. After Friday’s massive crash, which wiped out billions in leveraged positions, bulls are struggling to regain control and establish a stable recovery. The broader market remains cautious, as traders weigh whether the current […]
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Bitcoin has crashed to $58k, and on-chain data may suggest that profit-taking from short-term holders may be behind the event. On-Chain Data Shows Bitcoin Short-Term Holders Are Taking Profits As pointed out by an analyst in a CryptoQuant post, short-term holders seem to have started taking their profits. And the timing may suggest this to […]
On-chain data shows the Bitcoin short-term holders have been transferring large amounts to exchanges at a loss following BTC’s bearish action. Bitcoin Short-Term Holders Are Participating In Loss-Taking In a new post on X, CryptoQuant community analyst Maartunn has talked about the reaction to the recent Bitcoin price decline from the short-term holders (STHs). The […]
Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are Selling, While Long-Term Holders Are Still Quiet As explained by analyst James V. Straten in a new post on X, the short-term holders are currently participating in one of the strongest profit-taking events of the past couple of years. The “short-term holders” (STHs) here refer to all those Bitcoin investors who have been holding onto their coins since less than 155 days ago. This group comprises one of the two main....
After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem to be using the latest price rise for profit taking. The relevant indicator here is the “Spent Output Profit Ratio” (SOPR), which tells us whether the average investor is selling Bitcoin at a profit or at a loss right now. When the value of this metric is greater than....
On-chain data shows the Bitcoin short-term holders have responded to the latest price rally by participating in profit realization. Bitcoin Short-Term Holders Have Shown A Realized Profit Spike In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Realized Profit for the Bitcoin short-term holders. The Realized Profit here refers to an indicator that measures, as its name suggests, the total amount of profit being harvested by BTC investors through their transactions. The metric works by going through the transfer history of each coin being moved on....