In this week's Glassnode Clips, we focus on Percent Short-Term Holders in Profit:

- Short-term holders have recently been the focus, and it's evident they take profits during market peaks and incur losses during dips, as highlighted by a blue oscillator representation.
- Short-term holders are significantly sensitive to their cost-basis; thus, they tend to sell when in profit, but when facing potential losses, they can quickly succumb to panic, leading to asset transfers.
- Interestingly, while short-term holders predominantly impact immediate price actions, long-term holders are more active, especially during the pronounced cycle peaks and troughs.

Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=2AfzrLRRgVY