#bitcoinshorttermholdersreach4.08mbtc
đ 4.08 MILLION BTC HELD BY SHORT-TERM INVESTORS â IS BUYING PRESSURE STARTING TO FADE?
Bitcoinâs short-term holder (STH) supply has climbed to a nearly 4-month high, increasing by around 422,000 BTC (+12%) since July 29.
Many recent buyers entered around $82Kâ$86K, while their average cost basis sits near $74.9K.
đ WHAT THE ON-CHAIN DATA REVEALS:
đ Buying Momentum Is Slowing Reported inflows reached roughly 154K BTC in the first half of October, but fell to around 48K BTC in the latest week.
â ïž Profit Margins Are Shrinking Recent buyersâ profit cushion has narrowed from approximately 16% to just 10%. If volatility increases, short-term holders could react faster than long-term investors.
đŻ KEY BTC LEVELS TO WATCH:
đą $85Kâ$86K: Reclaiming this zone could strengthen bullish momentum.
đĄ $80Kâ$82K: Buyers need to defend this area to maintain recovery hopes.
đŽ Around $74.9K: The average STH cost basis. A move toward this level could increase selling pressure.
đĄ THE BIG PICTURE:
More Bitcoin holders donât automatically mean stronger demand. The real signal comes from price action, trading volume, and whether fresh capital continues entering the market.
đ Are short-term buyers preparing Bitcoin for its next rally, or could they become the next major source of selling pressure?
đ Share your thoughts, and stay disciplined. DYOR!
#Bitcoin #OnChainData #MarketAnalysis $BTC
đ 4.08 MILLION BTC HELD BY SHORT-TERM INVESTORS â IS BUYING PRESSURE STARTING TO FADE?
Bitcoinâs short-term holder (STH) supply has climbed to a nearly 4-month high, increasing by around 422,000 BTC (+12%) since July 29.
Many recent buyers entered around $82Kâ$86K, while their average cost basis sits near $74.9K.
đ WHAT THE ON-CHAIN DATA REVEALS:
đ Buying Momentum Is Slowing Reported inflows reached roughly 154K BTC in the first half of October, but fell to around 48K BTC in the latest week.
â ïž Profit Margins Are Shrinking Recent buyersâ profit cushion has narrowed from approximately 16% to just 10%. If volatility increases, short-term holders could react faster than long-term investors.
đŻ KEY BTC LEVELS TO WATCH:
đą $85Kâ$86K: Reclaiming this zone could strengthen bullish momentum.
đĄ $80Kâ$82K: Buyers need to defend this area to maintain recovery hopes.
đŽ Around $74.9K: The average STH cost basis. A move toward this level could increase selling pressure.
đĄ THE BIG PICTURE:
More Bitcoin holders donât automatically mean stronger demand. The real signal comes from price action, trading volume, and whether fresh capital continues entering the market.
đ Are short-term buyers preparing Bitcoin for its next rally, or could they become the next major source of selling pressure?
đ Share your thoughts, and stay disciplined. DYOR!
#Bitcoin #OnChainData #MarketAnalysis $BTC