🚨 Short-Term Holders Are No Longer Accumulating Bitcoin — Distribution is Back!

The recent surge in Bitcoin’s price has pushed Short-Term Holders (STH) to start distributing their coins. But what does this mean for the market?
Historically, when the STH Supply starts to decline, Bitcoin tends to be near major cycle tops. In other words, as the price increases, demand slows down while selling pressure rises — a classic sign that the bull cycle is entering its final stages.
Currently, the Short-Term Holder Realized Price sits at $94.5K, acting as the final support base until this group goes underwater (holds at a loss) again. Meanwhile, the Long-Term Holder Realized Price is at $33K and rising, showing a clear behavioral divergence between long-term and short-term investors.

💡 Onchain Curiosity:
Whenever the STH Realized Price crosses above the LTH Realized Price, it has signaled the beginning of a new Bull Market — every single time. This demonstrates the power of Onchain Analytics.

⚠️ Important Note:
Despite current STH distribution, it’s worth noting that in 2021, Bitcoin still managed to reach new all-time highs even with this behavior. There is still room for upside, but macro onchain signals and the symmetric halving cycle suggest a significant correction could begin after October 2025.

🔍 Dive deeper into Onchain Metrics at Alphractal and stay ahead of the market with data-driven insights.