Glassnode: Over the past month, over 66% of short-term BTC holders are in a state of loss

Odaily Planet Daily News Glassnode recently stated in its weekly on-chain report: “In the past 30 days, the profitability of BTC short-term holders (STH) has sharply declined, with over 66% of the supply facing unrealized losses, marking one of its largest drops on record. This indicates that in recent weeks, the profitability of the investment portfolios of quite a few ‘top buyers’ has been challenged.” As of the time of writing, Glassnode has set the realized price of STH at $64,300. (Cointelegraph)

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