About 12% of Tracked Tokens Saw Profitable Holder Sales
Photo: TokenPost
Recent holders sold at a profit in about 12% of more than 300 tracked tokens at the end of October, down from about 80% in late September. The latest measurement puts a number on the shift toward loss-making sales among altcoin holders. The short-term-holder spent output profit ratio measures the outcome for coins that were spent. A reading above 1 indicates sales at a profit, while a reading below 1 indicates sales at a loss. By the end of October, short-term holders of the typical tracked token were selling at a small loss. The data were current through 6 a.m.
Source: TokenPost
