#BitcoinShortTermHoldersReach4.08MBTC Short-term holders now hold about 4.08M BTC, a sign that fresh money is entering the market. 👀
• Rising STH supply usually means new buyers are stepping in
• But it can also mean more coins in weaker hands if price drops
• Watch the STH cost basis. Holding above it keeps this group in profit and the trend healthy
Fresh demand or a setup for volatility? 👇
#BTC☀ #OnChain #BinanceSquare $BTC
Not financial advice. Do your own research.
• Rising STH supply usually means new buyers are stepping in
• But it can also mean more coins in weaker hands if price drops
• Watch the STH cost basis. Holding above it keeps this group in profit and the trend healthy
Fresh demand or a setup for volatility? 👇
#BTC☀ #OnChain #BinanceSquare $BTC
Not financial advice. Do your own research.