Only 16.3% of Short-Term Bitcoin Holders in Profit Amid Recent Volatility
According to the most recent weekly report from Glassnode, a mere 16.3% of short-term holders (STH) of Bitcoin are currently.
According to the most recent weekly report from Glassnode, a mere 16.3% of short-term holders (STH) of Bitcoin are currently.
Since Bitcoin [BTC] plummeted from a high of $29,703 on 5 May to $27,333 on 8 May, there has been.
Glassnode, a blockchain data analytics platform, indicated that there has been a “abrupt rotation of capital beginning as FTX plummeted.”.
Bitcoin markets have taken a breather over the past week or so. However, some on-chain metrics continue to signal that.