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TechFlow news — Glassnode analyst Checkmate tweeted that 88.3% of short-term Bitcoin holders are currently in a loss position. Out of the 2.56 million BTC held by these investors, only 300,000 BTC are valued in profit.
It was also noted that the holding volume of short-term holders is approaching a historical low.
Glassnode analyst Checkmate tweeted that 88.3% of short-term Bitcoin holders are currently in a loss position. Out of the 2.56 million BTC held by this group, only 300,000 BTC are in profit. He also noted that the holdings of short-term holders are approaching historically low levels.
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