STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022

exchange68September 11, 2024

0 0 2 minutes read

Quick Take The market’s response to Bitcoin’s approximate 15% decline from just over $69,000 to roughly $59,500 showcases a clear distinction between long-term holders (LTHs), who have retained Bitcoin for more than 155 days, and short-term holders (STHs), whose holding period is less than 155 days. LTHs, who typically accumulate Bitcoin during bear markets, have […]

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