Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new post on X, the on-chain analytics firm Glassnode has discussed the Realized Price of the Bitcoin short-term holders. The “Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average investor in the BTC sector. Related Reading: Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000 When the spot price of the cryptocurrency is trading above this metric, it means the holders as a whole are sitting on a net unrealized profit source: https://www.newsbtc.com/bitcoin-news/bitcoin-short-term-holders-green-price-breaks-94000/