Following the recent move higher in #Bitcoin prices, the Short-Term Holder (STH) cohort has seen a dramatic increase in coins held in profit.
The percentage of STH supply in profit has reached 92%, a level last seen during the May 2021 rounded top, and the Nov 2021 ATH. pic.twitter.com/moSM7lftJS
— glassnode (@glassnode) January 23, 2023
Glassnode Alert