Bitcoin drops below $29K as short-term holders panic sell at a loss

2023-4-20 13:00

Quick Take Short-term holders are defined as a holder of Bitcoin (BTC) for less than 155 days. This cohort bought the local top — above $30,000 — and is selling the dip at a loss. Bitcoin bull markets are denoted by Spent Output Profit Ratio (SOPR) — a sustained rally above one indicates a bull market — and when it goes under one for a brief amount of time, this cohort is washed out — selling at a loss. We must resume the above one to see a sustained rally. In addition, short-term holders selling Bitcoin at a loss to exchanges are slightly elevated. While, over a 7-day moving average, the short-term holder supply has decreased notably — one of the most dramatic changes in the past year. SOPR: (Source: Glassnode) STH Supply: (Source: Glassnode) STH sending at a loss: (Source: Glassnode)

The post Bitcoin drops below $29K as short-term holders panic sell at a loss appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95528.55 (-0.35%)
Объем 24H $66.242b
Изменеия 24h: -0.17 %, 7d: 3.16 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1890.564b Rank 1
Цена в час новости $ 28862.64 (230.98%)

sell loss short-term holders bitcoin cryptocurrency held

Источник: cryptoslate.com

sell loss → Результатов: 43


CryptoSlate Wrapped Daily: Coinbase blames SEC’s XRP lawsuit for $15B loss to retail traders, Dogecoin investors sell $110M in DOGE

The biggest news in the cryptoverse for November 1 includes Coinbase arguing that SEC’s lawsuit against Ripple caused $15 billion in losses for retail traders, Hackers stealing about $760 million in 44 hacks in October, and top 50 Dogecoin holders selling off $110 million worth of DOGE in the last seven days.

2022-11-2 01:05


SOPR Shows Bitcoin Holders Continue To Sell At A Loss, Similar To May-June 2021

The on-chain indicator SOPR suggests that Bitcoin holders have continued to sell at a loss for a while now. This behavior is similar to what was seen during the May-June 2021 mini-bear period. Bitcoin Investors Have Continued To Dump At A Loss For A Month Now As pointed out by an analyst in a CryptoQuant post, the BTC SOPR shows that holders are currently selling at a loss.

2022-1-12 22:00


Data Shows Bitcoin Short-Term Holders Have Started To Sell At A Loss

On-chain data shows Bitcoin short-term holders are increasingly selling at a loss following the latest crash in the crypto’s price. Bitcoin Short-Term Holder SOPR Dips Further Below One As pointed out by an analyst in a CryptoQuant post, on-chain data shows that the STH SOPR has decreased to July levels, suggesting that short-term holders are increasingly realizing their losses.

2021-12-7 22:00


Encrybit ICO

- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders.

2018-11-14 19:41


Фото:

On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Best Bitcoin Wallet Reviews in 2024

Amidst the buzz and excitement of the Bitcoin community, the occasional headline of an exchange getting hacked makes every Bitcoin user’s stomach churn. One of the biggest concerns many of us have is getting our Bitcoin and other cryptos snatched right underneath our noses by hackers.

Hackers target Coinbase, Binance staff with phishing clones of Gmail, iCloud

Cybersecurity researchers have identified a new phishing toolkit dubbed CryptoChameleon, which targets employees of Coinbase, Binance, Gemini, and Kraken. A phishing campaign employing a new toolkit dubbed CryptoChameleon has emerged, targeting Federal Communications Commission (FCC) employees as well as staff…

The Best Ethereum Wallet Review: 2024 Edition

Today, we’re talking Ethereum wallets– but not just any old hardware wallet– the best Ethereum wallets on the market. We’ll also explore a few Ethereum custody FAQs Do you want to be actively staking your ETH? Do you need a wallet that can hold several currencies or just Ethereum? There are plenty of wallets that […] The post The Best Ethereum Wallet Review: 2024 Edition appeared first on CoinCentral.

Trezor Goes Back to Basics With New Hardware Wallets

Cryptocurrency hardware wallet provider Trezor has launched Trezor Safe 3, a cheaper, button-operated model, to mark its 10th anniversary. The company aims to attract more users with the entry-level hardware wallet.