CryptoMediaClub
Monday, July 28, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Only 16.3% of Short-Term Bitcoin Holders in Profit Amid Recent Volatility

13.09.2023
A A
0
123
VIEWS
ShareShare

According to the most recent weekly report from Glassnode, a mere 16.3% of short-term holders (STH) of Bitcoin are currently in a profitable state. This “percent supply in profit” metric scans the on-chain history of each Bitcoin to gauge its last transferred price. If the last selling price is below the current market price, then the coin is considered to be in profit.

Significantly, this indicator serves as a barometer for investor sentiment and market health. It works in conjunction with its counterpart, the “supply in loss,” which accounts for the remaining percentage to total 100%. Currently, an overwhelming 83.7% of the STH supply is holding at a loss, painting a bleak picture for these investors.

The STH cohort consists of investors who have acquired their coins within the last 155 days. Recently, this group has seen a steep decline in their per cent supply in profit. Before the recent downturn, Bitcoin was in a period of consolidation. Consequently, many of these STHs had bought and traded Bitcoin at those levels, establishing their cost basis.

However, the recent drop in Bitcoin’s price has led to a dramatic decrease in the supply of profit, leaving a majority of these STHs underwater. Their financial woes come in stark contrast to the fortunes of long-term holders (LTHs), whose supply profitability has increased despite the market downturn.

The explanation for this discrepancy is simple: LTHs are investors who bought at least 155 days ago. As a result, there’s a 155-day lag between when an investor purchases their coins and when they’re classified as a long-term holder. Coins purchased five months ago have recently matured into this cohort, and since these coins were bought at lower prices, they are currently in profit.

Moreover, Bitcoin has seen a 4% increase in the past 24 hours, pushing its price over the $26,100 mark. While this is a positive sign, it remains to be seen if it will significantly affect the fortunes of short-term holders who have been hit hard by recent volatility.

By closely watching these supply-in-profit and supply-in-loss metrics, investors can gain insights into the changing landscape of Bitcoin holders and strategize accordingly.

The post Only 16.3% of Short-Term Bitcoin Holders in Profit Amid Recent Volatility appeared first on BitcoinWorld.

Share9Tweet6ShareSharePin2

Related Posts

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge
Bitcoin

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge

15.07.2025
0

BitcoinWorldCoinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge The cryptocurrency world is buzzing with excitement, and for good reason!...

Read moreDetails
Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

14.07.2025
Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

14.07.2025
Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

14.07.2025
Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
Load More
Next Post
Are DAOs overhyped and unworkable? Lessons from the front lines

Are DAOs overhyped and unworkable? Lessons from the front lines

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Binance’s zero-fee Bitcoin update could echo March downturn

Binance’s zero-fee Bitcoin update could echo March downturn

2 years ago
LayerZero’s multi-chain ecosystem grows as airdrop hunters ramp up their efforts

LayerZero’s multi-chain ecosystem grows as airdrop hunters ramp up their efforts

2 years ago
Solana Surges Past $230 – Is a $750 Price Target Now in Play?

Solana Surges Past $230 – Is a $750 Price Target Now in Play?

8 months ago
Will Uptober Pump Bitcoin Past $30000?

Will Uptober Pump Bitcoin Past $30000?

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Vietnam Launches National Blockchain Platform for Data Verification

Meme Coin Supercycle? DOGE Price Up 50%, BONK 150%, FLOKI 80%

Over 99% of Banking Transactions in Australia Conducted Online

One-Click Cloud Mining: PAXMINING Opens Doors for XRP & Digital Asset Users

Senate Democrats Question Housing Agency Over Crypto in Mortgage Plans

ASIC Warns Australians Against Bitget’s “Unlicensed” Crypto Futures Offerings

Trending

BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher?
All news

BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher?

28.07.2025
0

BNB ($BNB) rocketed 6.2% to $843 in 24 hours, but parabolic rallies rarely last. As institutional money...

Bitcoin Market Cycles and BTC Rallies Are Outdated

Bitcoin Market Cycles and BTC Rallies Are Outdated

28.07.2025
Bitcoin Price Prediction: Global Firms Pour $86B Into BTC – Could This Trigger a New “Institutional Supercycle”?

Bitcoin Price Prediction: Global Firms Pour $86B Into BTC – Could This Trigger a New “Institutional Supercycle”?

28.07.2025
Vietnam Launches National Blockchain Platform for Data Verification

Vietnam Launches National Blockchain Platform for Data Verification

28.07.2025
Meme Coin Supercycle? DOGE Price Up 50%, BONK 150%, FLOKI 80%

Meme Coin Supercycle? DOGE Price Up 50%, BONK 150%, FLOKI 80%

28.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz