Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses
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Bitcoin's on-chain metrics suggest a potential market bottom, with short-term holders experiencing significant losses. The Short-Term Holder Market Value to Realized Value (STH MVRV) ratio has dropped to 0.82, indicating average unrealized losses of 18%. Long-term holders are accumulating BTC while short-term holders are selling, signaling a potential trend reversal.
April 16, 2025 | 10:45 am
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Short-term holders are experiencing significant losses, with the STH MVRV ratio at 0.82, historically indicating a market stress point. Long-term holders are accumulating BTC, suggesting potential market stabilization.
The low STH MVRV ratio suggests capitulation among short-term holders, which historically precedes market bottoms. Long-term holders accumulating 500,000 BTC while short-term holders distribute 300,000 BTC indicates potential trend reversal and market stabilization.
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