After its sharp fall on Aug. 17, remained caught inside a decent vary over the weekend. This means indecision between the bulls and the bears in regards to the subsequent directional transfer.
After the newest fall, about 88% of Bitcoin (BTC) held by short-term holders (STHs), these proudly owning Bitcoin for 155 days or much less, has plunged into loss, in keeping with Glassnode’s weekly e-newsletter, “The Week On-Chain.” Glassnode warns that the STH cohort is “more and more worth delicate.”
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