HomeUncategorizedBitcoin short-term holders ‘panic’ amid nearly 100% unrealized loss By Cointelegraph

Bitcoin short-term holders ‘panic’ amid nearly 100% unrealized loss By Cointelegraph

September 22, 2023

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(BTC) speculators are in “panic” mode, as nearly all of them are in the red, research says.

In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed 97.5% unrealized losses among Bitcoin’s short-term holders (STHs).

Bitcoin STH holder and spender data annotated chart (screenshot). Source: Glassnode
Crypto Fear & Greed Index (screenshot). Source: Alternative.me
Bitcoin new investor confidence annotated chart (screenshot). Source: Glassnode