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Bitcoin Price Rebound Shows Short-Term Holders Taking Profit

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The post Bitcoin Price Rebound Shows Short-Term Holders Taking Profit appeared first on Coinpedia Fintech News

Bitcoin price has bounced sharply from the September 15 low, but on-chain data suggests long-term holders aren’t driving the profit-taking. BTC climbed from $74,965 to $81,502, marking a 9.15% recovery, while the SOPR data points mainly toward short-term holders realizing gains. Bitcoin Price Rebound Brings Short-Term Profit-Taking The SOPR Ratio, which compares LTH-SOPR with STH-SOPR, …

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