Bitcoin Short-Term Holder Cost Basis Rises To $25,300, What Does It Mean?

Bitcoin Short-Term Holder Cost Basis Rises To $25,300, What Does It Mean?


Bitcoinist
2023-05-10 19:30:45

On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According to data from the on-chain analytics firm Glassnode, the average acquisition price of the short-term holders continues to approach the spot price. The