Bitcoin Short-Term Holders' Realized Price Momentum Falls to -24% YoY as of June 23

BTC-2.43%
According to CryptoQuant analyst Zizcrypto, bitcoin's short-term holders' realized price metric has continued weakening since turning negative in mid-March, declining from approximately -2.4% to -24% as of June 23. The data suggests short-term holders' cost basis has weakened further year-over-year, reflecting subdued speculative participation in the market.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments