From 232% to 13%: What Happened to Bitcoin’s Short-Term Gains?
Bitcoin has been trading above $118K, down just over 3% from its recently established all-time high.
Despite this, its short-term holders are now seeing just 13% in unrealized profits, according to on-chain data. This group, which is defined as wallets holding BTC between one and three months, often reflects broader sentiment among spot market participants aiming to optimize returns.
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Fed Ignores Trump’s Plea to Cut Rates: How Will Bitcoin’s Price React?
From 232% to 13%: What Happened to Bitcoin’s Short-Term Gains?
Bitcoin has been trading above $118K, down just over 3% from its recently established all-time high.
Despite this, its short-term holders are now seeing just 13% in unrealized profits, according to on-chain data. This group, which is defined as wallets holding BTC between one and three months, often reflects broader sentiment among spot market participants aiming to optimize returns.
Read More