PANews, citing CryptoQuant analyst Darkfost, reported that short-term holders sent 48500 BTC to exchanges in the past 24 hours, of which 47300 are currently at a loss.
On-chain analyst Murphy said that, as of October 31,BTC among short-term holders, 51.3%were at an unrealized loss, 75000 -78000 USD with signs of support emerging in the range.
Analyst Darkfost said that the average cost basis of Bitcoin short-term holders is close to 76,000 USD,STH MVRV returning to a neutral range near 1, while holders' confidence remains to be seen.
A CryptoQuant analyst said that over the past 24 hours, more than 36600 units at a loss BTC were transferred to exchanges by short-term holders, indicating that they have recently been under pressure.
A CryptoQuant analyst said that Bitcoin short-term holders have an average profit of approximately 5.5%,76,500 USD and that their cost basis could become short-term support.
CryptoQuant said that the Bitcoin demand indicator has remained negative for 12 consecutive days, while average unrealized profit for short-term holders has fallen to 8.1%. Its bull market score remains at 60 points, and it has not yet determined that the market has entered a bear market.
PANews cited a CryptoQuant analyst as saying that October 27 loss-making transfers by Bitcoin short-term holders to exchanges exceed profitable transfers, and the related metric remains negative.
BlockBeats reported that Glassnode stated that BTC recent buyers have moved out of the intense selling zone, with the proportion of profitable supply held by short-term holders falling from September near-full levels in late the month to approximately 70%。
BlockBeats cited CryptoQuant analyst Axel Adler Jr as saying that BTC the average cost basis of short-term holders is approximately 76000 USD, and their unrealized profit margin 1 narrowed from 8.7%to 5.9%. He said that if BTC falls below this level, the group as a whole may become unrealized-loss-making.
BlockBeats cites analyst Axel Adler Jr. as saying that, as of October 21, the share of Bitcoin capital held by new investors rose to 11.2%, while short-term holders' average unrealized gains were approximately 9.5%。
BlockBeats quoted analyst Axel Adler Jr. as saying that short-term holders'BTC holdings have increased from the July low by approximately 422000, with an average cost of approximately 74900 USD。
The analyst said that during the recent BTC pullback, short-term holders transferred significantly more to exchanges than long-term holders,October 15 with the volume 8 lower than on