Markets· ★★★· neutral·

Bitcoin short-term holder supply hits 4.08M BTC, up 422K from July low

  • —Short-term holder supply reached about 4.08 million BTC
  • —Up 422,000 BTC, or roughly 12%, from the July 29 low
  • —154,000 BTC added in the first two weeks of October; 48,000 in the past week
  • —Average entry price is $74,900, with unrealized gains narrowing from 16% to 10%
Why it matters: A rising short-term holder share and shrinking unrealized profits make the market more vulnerable to a selloff if BTC drops below the $82,000–86,000 entry zone.
Source: TokenPost