Bitcoin (BTC) is experiencing one of its most severe waves of panic selling from recent buyers, with on-chain data showing that short-term holders (STHs) are offloading their stash at a significant loss.
This intense capitulation, according to analysts, is creating a potential setup for a major market reversal as weak hands exit and long-term investors accumulate.
Extreme Stress for Short-Term Holders
New on-chain readings shared by XWIN Research show Bitcoin’s Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has dipped to about 0.97 and has stayed below 1.0 for several weeks now. It means those who bought BTC in the last few months are selling at a loss on average, forming what the firm calls a “capitulation band” that has previously appeared only near major turning points in Bitcoin cycles.
The Short-Term Holder MVRV ratio has also fallen well below 1.0, placing the same group of investors underwater and signaling one of the weakest profitability phases in the dataset. Ac
We współpracy z: https://cryptopotato.com/short-term-bitcoin-holders-are-capitulating-analysts-see-possible-final-flush/
