Glassnode: Over 66% of Bitcoin supply is in a loss state among short-term holders in the past month

Odaily News Glassnode recently stated in its weekly on-chain report: "Over the past 30 days, the profitability of short-term Bitcoin holders (STH) has fallen sharply, with more than 66% of the supply experiencing unrealized losses, one of the largest declines on record. This shows that the profitability of the portfolios of quite a few 'top buyers' has been challenged in recent weeks." Glassnode set the realized price of STH at $64,300 at press time. (Cointelegraph)