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Bitcoin Short-Term Holders Log 30-Day Profit Streak: CryptoQuant

Bitcoin short-term holders have spent close to a full month holding coins in partial profit, CryptoQuant data shows, a streak that analysis links to improving odds of a lasting bullish BTC price reversal. The metric tracks coins moved within the last 155 days. Sustained partial profitability among this cohort has historically accompanied firmer price trends.

Original source

AI take

The signal matters less as a price call than as a shift in the behaviour of the most flighty part of the holder base: coins moved within 155 days sitting in partial profit implies recent buyers are no longer underwater and have less reason to capitulate. That is a structural change in supply overhang, not a directional guarantee. The open question is whether this cohort keeps holding through the first meaningful drawdown, since short-term holders are historically the first to fold.

Generated by AI for reference only.

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