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Short-term holders are back underwater. Yesterday's drop pushed around 60% of $BTC held by recent buyers below its cost base. The day before they returned to profit. For now, this lowers the risk of recent buyers cashing in on the power.

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Glassnode · On-chain · · Source

Short-term holders are back underwater. Yesterday's drop pushed around 60% of $BTC held by recent buyers below its cost base. The day before they returned to profit. For now, this lowers the risk of recent buyers cashing in on the power.

Short-term holders are back underwater. Yesterday's drop pushed around 60% of $BTC held by recent buyers below its cost base. The day before they returned to profit. For now, this lowers the risk of recent buyers cashing in on the power.

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