PANews|Jan 22, 2026 13:02
[Analysis: Recent Bitcoin Trends Suppressed by Selling Pressure from 3-6 Month Holders]
According to Glassnode analysis, Bitcoin's recent attempt to break through the short-term holder (STH) cost basis ($9.84K) has been suppressed by selling pressure from holders with a 3-6 month holding period. The average cost basis for these holders is approximately $11.26K. They increased their selling activity during the price rise, realizing significant losses, which in turn dampened upward momentum.
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