Markets· ★★★· neutral·

92% of Bitcoin Short-Term Holder Supply in Profit: 3.27M BTC

  • —92% of short-term holder BTC supply is in profit
  • —Profitable supply totals about 3.27 million BTC
  • —BTC traded at $84,610 at the time of the report
  • —Data published October 3 by analyst Maartunn
Why it matters: A high share of profitable short-term holders raises the risk of profit-taking and selling pressure on BTC.
#BTC
Source: Coinotag
More on this
Markets · Sep 19
Bitcoin rebounds 9.15% to $81,502 as short-term holders take profit
 Markets · Oct 1
Analyst: Bitcoin trades 14% above short-term holders' cost basis, long-term holders up 72%
 Markets · Sep 29
Bitcoin Accumulates Gains, but Short-Term Holders Are the Weak Link