$BTC Short-term holders can become the driving force of the next Bitcoin rally
Short-term BTC holders (investors who hold their coins for 155 days or less) have reduced sales and started to accumulate assets despite market volatility. This is reflected in the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) metric, which briefly fell below the neutral line but then recovered, according to Glassnode.
This recovery is extremely important — short-term holders usually respond first to market signals and influence the price of BTC. Their confidence during market fluctuations can help stabilize the cryptocurrency.
