Bitcoin short-term holders, who acquired the cryptocurrency within the last one to three months, are facing significant unrealized losses of 20-25% over the past two weeks. This marks the largest losses for this group in the current market cycle, according to CryptoQuant contributor DarkPost.
The mounting pressure on these investors could lead to increased selling or capitulation, potentially signaling a market bottom. For these holders to break even, Bitcoin would need to surge to approximately $113,000. Historical trends indicate that such severe losses for short-term holders often align with pivotal market turning points.
Bitcoin Short-Term Holders Endure 20-25% Losses, Indicating Potential Market Shift
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