Bitcoin short-term holders have reduced their selling activity as the cryptocurrency's price gradually rises above its recent low of $112,000. Onchain analytics platform Glassnode reported that profit-taking among Bitcoin Short-Term Holders (STH), defined as those holding for less than 155 days, has decreased. The firm's market report on Wednesday highlighted that Bitcoin STH spent volume, which measures the proportion of recent buyers in profit selling their Bitcoin, has dropped to 45%, falling below the neutral level

BTC1.23%
IN-7.65%
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GateUser-732f8bb2vip
· 08-08 09:47
BIT is becoming scarce at a rapid pace. Many pleasant surprises could be in store for savvy investors.
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Discoveryvip
· 08-07 07:23
Thanks for the good information.
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