Bitcoin short-term holder inflows exceeded the 98th percentile three times in September
- —Growth was 81,000 BTC on September 10, 68,700 BTC on September 13 and 68,100 BTC on September 15
- —From September 11 to 15, short-term holder supply rose by 128,400 BTC
- —Total short-term supply stands at 4.624 million BTC (coins younger than 155 days)
- —After the previous 107 such cases, median price gains at 7/30/90 days were 2.0%/3.2%/4.7%
Why it matters: Rising short-term supply points to a change of holders, but without exchange inflows it does not guarantee price pressure.
Source: TokenPost