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Glassnode Glassnode @glassnode · 44K subscribers
Post #342 15.1K
Short Term Holder NUPL has just traded back to positive values.

This means that on aggregate, STHs are in a slight profit relative to their on-chain costs basis.

Rapid recoveries like this are common in two cases:
- Bear market relief rallies
- Disbelief phases of bull markets
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