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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #451 21.5K
#Bitcoin Short-Term Holders are currently holding historically large unrealized losses.

The STH-NUPL metric tracks aggregate unrealized loss held by the STH cohort, in proportion to the market cap.

A value of -40% is coincident with some of the deepest sell-offs in history.

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