Short-Term Bitcoin Holders Retain Assets Amid Price Decline

Short-term Bitcoin (BTC) holders are retaining their assets despite unrealized losses. A CryptoQuant analysis indicates that while BTC's price fell over 15% from approximately $97,000 to around $83,000 in early 2025, selling pressure has decreased among these holders.

Key Points

Short-term holders have lower realized losses compared to unrealized ones.
Holders with BTC for one to three months have been the most active sellers recently.
Recent data shows a significant decline in selling pressure to exchanges from those who bought in the last six months.
This behavior suggests a shift in sentiment, indicating holders may anticipate long-term gains.
Short-term holders currently control 28% of BTC’s circulating supply.
If many transition to long-term holding, BTC's price could potentially exceed $150,000.

Market metrics suggest a possible price surge for BTC, with entrepreneur Arthur Hayes stating that BTC likely hit its market cycle's bottom at $77,000 on March 10. However, ongoing macroeconomic factors may affect performance against gold, which has reached new all-time highs. As of now, BTC is trading at $83,953, reflecting a 2.2% increase in the past 24 hours.