On-chain data suggests the Bitcoin short-term holders haven’t been capitulating during the crash, a sign that a shift has occurred in the market.
Bitcoin Short-Term Holders Haven’t Been Doing Much Loss-Selling Recently
As pointed out by analyst James Van Straten in a post on X, the BTC short-term holders haven’t been sending much BTC at a loss recently, despite the plunge the asset’s price has suffered.
The “short-term holders” (STHs) refer to the Bitcoin investors who bought their coins within the past 155 days. These investors make up one of the two main divisions of the BTC market, with the other cohort being known as the “long-term holders” (LTHs).
Statistically, the longer an investor holds their coins, the less likely they are to sell at any point. As such, the LTHs are considered the resolute side of the market, while the STHs are considered the weak hands.
Generally, the STHs easily sell whenever a change in the market happens, like a crash or rally
We współpracy z: https://bitcoinist.com/bitcoin-market-shift-weak-hands-capitulating-crash/
