Bitcoin Short-Term Holder Supply in $75,000-$78,000 Band Rises 90,000 BTC
Photo: TokenPost
Bitcoin (BTC) short-term-holder supply shifted toward the $75,000-$78,000 cost-basis band after Binance’s security incident, with supply in that range rising by a net 90,000 BTC over two days. The increase describes a change in the amount of Bitcoin assigned to the cost-basis band; it does not mean holders bought 90,000 BTC. At 2:59 a.m. ET (07:59 UTC) Nov. 1, BTC traded at $77,853. Entity-adjusted short-term-holder supply totaled 2.2353 million BTC as of Oct. 31. Of that amount, 1.147 million BTC, or 51.3%, was at a floating loss.
Source: TokenPost
