Still in profit: Bitcoin short-term holders’ $76,500 cost basis forms support

Odaily: Bitcoin short-term holders have been in average profit for nearly two months, with an estimated cost basis of $76,500 and a current average profit margin of about 5.5%, down from the 20% reached less than a month ago. CryptoQuant analyst Darkfost noted that short-term holder profits remain, and the $76,500 cost basis is a support level worth watching, where short-term holders may step in to defend their average entry price.