dyorgang

#BitcoinShortTermHoldersReach4.08MBTC

Short-term Bitcoin holders just hit 4.08M BTC — that’s a 12% jump since late July.
Here is what that actually means for us right now :-

1. New money is absorbing supply
Retail and active traders have been stacking heavily. Over 150k BTC moved into short-term hands in early October alone, mainly picked up in the $82k–$86k zone.

2. High cost basis = tight leverage
The average cost basis for these new holders is sitting around $74,900. Profit margins are getting thinner, so if price dips anywhere near that average entry, expect panic selling or sudden liquidation spikes.

3. Double-edged sword
* Bullish case: Strong immediate buying momentum keeping price float above key support.

* Bearish case: Short-term holders have paper hands. If market sentiment shifts, they dump fast compared to long-term ogs who hold through full cycles.

What to watch: Keep an eye on $74.9k. As long as BTC holds above this average cost basis, the momentum stays alive. Break below it, and short-term panic kicks in fast.
Are you accumulating here or waiting for a pull-back to test support? Let me know below 👇
#Bitcoin #BTC #CryptoMarket #BinanceSquare #Dyorgang