Bitcoin’s bullish swing backed by record high short-term holder realized price

James Van Straten

Quick Take Bitcoin on-chain data by Glassnode portrays a bullish sentiment, underscored by robust support levels influenced by short-term holders‘ behavior. The Short-Term Holder Realized Price (STH RP), reflecting the average on-chain acquisition cost for coins moved within the last 155 days, recently soared to an all-time high of $57,547. Notably, its 7-day percent change […]

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Bitcoin’s bullish swing backed by record high short-term holder realized price