Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

Aug. 20, 2024, 4:30 a.m. 4 months ago

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC. Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices. Onchain data expert James Check …


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Bitcoin

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Checkmate

Checkmate


Checkmate is a lead On-chain Analyst working for Glassnode