#bitcoinshorttermholdersreach4.08mbtc
Short-term holders (coins held under 155 days) just hit a new high for this cycle leg.
📊 They now hold about 4.08M BTC, the highest since mid-June, up 12% from the July 29 low.
📈 They added about 154K BTC in the first two weeks of October.
💰 Most new buyers entered between $82K and $86K, while their average cost basis is about $74,900.
⚠️ Their profit cushion has narrowed to about 10%. If price drops below $74.9K, this whole group goes into aggregate loss, which could add to selling pressure.
Meanwhile, long-term holders barely moved coins to exchanges during the recent dip, so the weak hands are the ones being tested.
Key levels: $74.9K (STH cost basis) and the $82-86K buyer zone. With the Fed meeting on Oct 27-28, volatility is likely.
Are short-term holders fueling the next leg up, or setting up a flush? 👇
Not financial advice. $BTC $ETH $BNB
#bitcoin #Onchain #BTC走势分析
Short-term holders (coins held under 155 days) just hit a new high for this cycle leg.
📊 They now hold about 4.08M BTC, the highest since mid-June, up 12% from the July 29 low.
📈 They added about 154K BTC in the first two weeks of October.
💰 Most new buyers entered between $82K and $86K, while their average cost basis is about $74,900.
⚠️ Their profit cushion has narrowed to about 10%. If price drops below $74.9K, this whole group goes into aggregate loss, which could add to selling pressure.
Meanwhile, long-term holders barely moved coins to exchanges during the recent dip, so the weak hands are the ones being tested.
Key levels: $74.9K (STH cost basis) and the $82-86K buyer zone. With the Fed meeting on Oct 27-28, volatility is likely.
Are short-term holders fueling the next leg up, or setting up a flush? 👇
Not financial advice. $BTC $ETH $BNB
#bitcoin #Onchain #BTC走势分析