Rising Pressure on Short-Term Bitcoin Holders! ๐
As Per Glassnode Since April, every $BTC correction has bounced off the Short-Term Holder Realized Price the average cost basis of those holding for less than 155 days.
But hereโs the concern: STH-MVRV (which shows the unrealized profit of these short-term investors) is now down to just 0.03 meaning theyโre sitting on only 3% gains.
Thatโs razor-thin, and it signals growing pressure on newer holders. If price dips further, selling could accelerate.
Hold tight the market's watching this closely! ๐
