The analyst said that short-term holders' average profit of approximately 5.5%，76,500 USD cost basis could constitute support.
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Analyst: Bitcoin short-term holders remain profitable, 76,500 USD with their cost basis providing support
PANews October 29 reported that CryptoQuant analyst Darkfost pointed out that Bitcoin short-term holders (STH) have been profitable on average for nearly 2 months, with their estimated cost basis at 76,500 USD, and the current average profit margin at approximately 5.5%. Compared with the average unrealized profit of 1 less than 20%months ago, this level has narrowed significantly. The last time short-term holders had such high profits was shortly before the 2025-year October top, so it is not surprising that the market subsequently entered consolidation. Darkfost believes that short-term holder profits remain intact, and their cost basis at 76,500 USD remains a support level worth watching. Short-term holders may step in there to defend their average entry price.
PANews reported that CryptoQuant analyst Darkfost said Bitcoin short-term holders have remained profitable on average for nearly 2 months.
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Darkfost estimates that short-term holders' cost basis is 76,500 USD, with the current average profit margin at approximately 5.5%。
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Reports indicate that less than 1 months ago, short-term holders’ average unrealized profit had reached 20%。
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Darkfost believes that 76,500 USD is a support level worth monitoring, where short-term holders may step in to defend their average entry price.
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Darkfost said the last time short-term holders were at such high profits was 2025 years October shortly before the top.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short-term holders remain profitable overall for now, but their profit margin has narrowed from approximately 20%to approximately 5.5%. Analysts regard 76,500 USD as the average purchase cost for this group and speculate that they may buy or defend the price when it approaches this level. However, this is an analytical judgment and does not mean that this price level will necessarily prevent further declines.
Why it matters to readers
The average cost of short-term holders can serve as a reference for observing market behavior. If the price approaches 76,500 USD whether buying emerges or the market stabilizes can help test the potential support cited by the analyst.
Beginners can treat 76,500 USD as an observation level rather than a guaranteed buy signal; they should also note that narrowing average profits mean that recent buyers have less buffer.
Risks and unknowns
The source text does not provide the methodology or raw data used to calculate the cost basis, profit margin, and duration.
76,500 USD Whether it can form actual support has not yet been verified.
Whether short-term holders will intervene at this level is merely the analyst’s speculation.
The original text does not specify the precise statistical definition of “short-term holders.”
2025 year October Whether the historical analogy applies to the current market cannot be confirmed from the original text.
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Short-term holders (STH）
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