The short-term supply of Bitcoin has decreased by almost 1 million since April 13, 2023 to today.

A significant decrease of 200,000 bitcoins in the number of short-term holders (STH) was observed between September 25th and 26th. This is an important reduction.

At the same time, the number of long-term holders (LTH) increased by 1 million bitcoins from April 13, 2023 to today.

Between September 25th and 26th, there was a significant increase of 200,000 bitcoins in the number of long-term holders (LTH). This is of great importance.

This suggests that a significant number of short-term holders have decided to exit their bitcoins, possibly to take profits or cut losses. These bitcoins have gone to long-term holders who believe in the enduring value of this digital asset.

However, the main question remains: Were the short-term holders who sold their bitcoins able to profit from their transactions?