{"id":135391,"date":"2024-08-13T08:00:06","date_gmt":"2024-08-13T05:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135391"},"modified":"2024-08-13T00:09:43","modified_gmt":"2024-08-12T21:09:43","slug":"bitcoin-short-term-holders-face-record-losses-amid-market-decline","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-short-term-holders-face-record-losses-amid-market-decline\/","title":{"rendered":"Bitcoin Short-Term Holders Face Record Losses Amid Market Decline"},"content":{"rendered":"

This situation has intensified concerns<\/a><\/strong> about a potential sell-off, putting additional downward pressure on prices.<\/p>\n

The Short-Term Holder MVRV (Market Value to Realized Value) ratio, which measures the current market value of BTC against the price at which it was last moved on the blockchain, is currently below one. This suggests that if short-term holders were to sell now, they would incur losses, potentially leading to increased selling pressure in a declining market.<\/p>\n

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Bitcoin\u2019s price<\/a> <\/strong>has dropped 33% from its peak of around $73,700, marking the steepest decline in this cycle. The Mayer Multiple, which compares Bitcoin\u2019s current price to its 200-day moving average, has fallen to 0.88. This is the lowest level since the FTX collapse in November 2022.<\/p>\n