doc on Nostr: Shit was the dip this week that bad? 👀 I hadn’t really noticed it. ...

Shit was the dip this week that bad? 👀
I hadn’t really noticed it.

quoting note1h9g…z5q5

Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show

"Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observer said.

https://www.coindesk.com/markets/2023/08/23/nearly-90-of-bitcoin-short-term-holders-are-underwater-onchain-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines