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Analyst:BTC Short-term holder holdings are being repriced, 75000 -78000 USD with support emerging in the range

PANews November 1 reported that on-chain analyst Murphy posted that, as of October 31,BTC short-term holders (STH, entity-adjusted) held a total supply of 2235300 units, of which 1147000 units were at an unrealized loss, accounting for 51.3%。STH holdings costs displayed a bimodal structure, 78000 -86000 USD with the high-cost zone concentrated at 1145000 units (accounting for STH of the total 51.2%),60000 -65000 USD and the low-cost zone concentrated at 556000 units (accounting for 24.9%)。September Low-cost holdings declined at the fastest rate, with an average daily net decrease of 6733 units, while October slowed significantly. A reversal occurred after the Binance security incident: the previously continuously increasing 78000 -87000 USD high-cost holdings began to decline, and the 75000 -78000 USD range 2 within days...

Source: https://www.panewslab.com/zh/articles/01a1961d-41f8-73ae-9f83-7ed8d93c716a