Analyst: 88.3% of Short-Term BTC Holders Are in a State of Floating Losses

08/21 08:00

Glassnode analyst @_Checkmatey_ tweeted that 88.3% of BTC short-term holders are in a state of loss. Out of the 2.56 million BTC they hold, only 300,000 are in a profitable state. In addition, the supply of short-term holders (STH) has reached its historical low.
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