Bitcoin Short-Term Holders Suffer Significant Losses Amid Market Correction

Analysis from Glassnode reveals that Bitcoin short-term holders are facing substantial losses during the current market adjustment period. These losses mirror those observed at the start of bear markets in previous cycles. 📈 While long-term holders remain generally profitable, as Bitcoin purchased at higher prices ages and moves into the long-term holding category, the pressure to endure market fluctuations may intensify. Historically, this shift has often been a precursor to bear market confirmation, although similar patterns haven’t yet emerged.