80% of Short-Term Bitcoin Holders Currently Underwater on Positions, According to On-Chain Analyst
August 20 2024 - 9:30AM
The Daily Hodl
More than 80% of short-term Bitcoin holders are currently losing
money on their BTC positions, according to a popular on-chain
analyst. The pseudonymous on-chain sleuth known as Checkmate tells
his 97,000 followers on the social media platform X that the
short-term holder (STH) metric looks similar to charts in 2018,
2019 and mid-2021, all of […]
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