CoinScoopBitcoin Short-Term Holder Unrealized Profit Shrinks to 13.7%
On-chain analyst Axel Adler Jr. reported that the average unrealized profit for Bitcoin (BTC) short-term holders (STH) has narrowed from 15.4% to 13.7%. This decline is attributed to an increase in the STH realized price, which rose 1.2% to $73,700 over the week starting September 24, while the BTC price remained relatively flat.
Summaries are written by AI from the original article. Not investment advice.