Bitcoin Short-Term Holders Show Extreme Panic and Sell at a Loss

Bitcoin's price has experienced volatility, with a decline of over 2% in the past month, according to CoinGecko. The market showed instability, particularly in March, leading to cautious behavior among investors.

Short-Term Holders' Sentiment

  • Recent analysis by IbrahimCosar on CryptoQuant indicates a shift in sentiment among Bitcoin's short-term holders (STH).
  • The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) metric shows that these investors are selling at a loss.
  • Current STH-SOPR values are below 1, reflecting panic and fear among short-term investors since January 2025.
  • This trend is historically linked to market bottoms, suggesting that weak hands are exiting, potentially allowing long-term investors to accumulate.

Bitcoin Price Overview

Bitcoin is currently priced at approximately $83,200, showing an increase of over 2% in the last 24 hours.