Expansion of short-term BTC holders suggests 'final flush' of sellers
Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place. A recent spike in short-term BTC holders could signal a “final flush” of sellers, meaning the capitulation events have played out, leaving the market ready for months of accumulation. The latest The Week On Chain report from market analysis firm Glassnode on Aug. 15 points out that short-term holders (STHs) have expanded their holdings by 330,000 BTC since May’s catastrophic LUNA collapse. As a result, they may be the canary in the coal mine signaling the path to market recovery.During the mass....
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After the Bitcoin price recovered from the flush to $63,000 over the last week, expectations are that the uptrend could continue. This has sparked predictions for the next rally and that the BTC price could move above $70,000 as a result of this. However, one analyst has thrown a wrench in this move, predicting that there could be another crash coming. This could lead to the final bottom, but suggests that much lower prices are coming first. The Ending Diagonal That Suggests Bitcoin Is Headed Downward EduwaveTrading posted an analysis on the TradingView website that paints a rather bearish....
According to a recent CryptoQuant Quicktake post, short-term Bitcoin (BTC) holders are choosing to retain their digital assets despite incurring unrealized losses. CryptoQuant contributor Onchained explained that short-term BTC holders have recorded significantly lower realized losses compared to their unrealized losses. Short-Term Bitcoin Holders Expecting A Price Rally? The first quarter of 2025 has been marked by high price volatility in the cryptocurrency market, including Bitcoin. BTC has dropped from approximately $97,000 on January 1 to around $83,000 at the time of writing,....
On-chain data may suggest short-term Bitcoin holders could be behind the latest correction in the cryptocurrency’s price. Bitcoin Short-Term Holders Behind The Correction? As pointed out by a CryptoQuant post, on-chain data may hint that selling from short-term holders might be the drive behind the recent correction. The relevant indicator here is the Spent Output […]
On-chain data suggests the Bitcoin Long-Term Holders are currently putting more selling pressure on the market than short-term holders. Bitcoin Long-Term Holder SOPR Has Spiked Up In Recent Days As explained by an analyst in a CryptoQuant post, Short-Term Holders and US investors haven’t sold as much lately as during the start of June. The […]
Bitcoin’s price remains below the $100,000 mark, trading at $98,000 at the time of writing. While this positions its daily performance in positive territory, the larger picture suggests continued bearish pressure. Over the past month, Bitcoin has declined by 6%, and its current price represents a 10% decrease from the all-time high above $109,000 recorded last month. This prolonged downturn has led market participants to closely examine on-chain metrics for clues about what might come next. Related Reading: Bears In Trouble? Bitcoin Liquidity Signals A Brutal Squeeze To $111,000 Short-Term....