{"id":636516,"date":"2024-08-20T02:30:20","date_gmt":"2024-08-20T02:30:20","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=636516"},"modified":"2024-08-19T21:00:49","modified_gmt":"2024-08-19T21:00:49","slug":"over-80-of-short-term-bitcoin-holders-underwater","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/bitcoin-news\/over-80-of-short-term-bitcoin-holders-underwater\/","title":{"rendered":"Over 80% of Short-Term Bitcoin Holders Underwater \u2014 What This Means For BTC"},"content":{"rendered":"
Bitcoin (BTC) is currently in red regarding price performance<\/a>, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices.<\/p>\n Onchain data expert James Check highlighted this in a recent post<\/a> on X, disclosing that over 80% of Bitcoin’s short-term holders, those holding their BTC for less than 155 days, have bought their tokens at prices higher than the current market rate.<\/p>\n