{"id":13070,"date":"2025-02-14T10:31:53","date_gmt":"2025-02-14T10:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13070"},"modified":"2025-02-14T10:31:53","modified_gmt":"2025-02-14T10:31:53","slug":"bitcoin-short-term-holders-now-possess-over-4m-btc-shows-cycle-has-more-room-to-run-van-straten","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13070","title":{"rendered":"Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room To Run: Van Straten"},"content":{"rendered":"<div>\n<p>Short-term bitcoin (BTC) holders (STHs) have added 1.5 million bitcoin (BTC) since September taking the total to over 4 million bitcoin, according to Glassnode. <\/p>\n<p>This equates to an average accumulation of approximately 300,000 BTC per month. During this period, bitcoin surged from $60,000 to $109,000 before pulling back below $100,000. Glassnode defines STHs as those who have held bitcoin for less than 155 days.<\/p>\n<p>Historically, in previous bull market cycles, bitcoin&#8217;s price tends to peak when STHs exhaust their buying momentum, leading to a slowdown in price appreciation. This pattern has played out in 2013, 2017, and 2021. <\/p>\n<p>However, STHs held significantly more bitcoin at these cycle peaks: 5 million BTC in 2013, 6.2 million BTC in 2017, and 4.6 million BTC in 2021. Compared to the current 4 million BTC, the current STH holdings are relatively low, suggesting that new market entrants could continue accumulating, meaning the cycle may still have room to grow.<\/p>\n<p>Meanwhile, long-term holders (LTHs) \u2014 investors who have held bitcoin for more than 155 days \u2014 have distributed 1.2 million BTC during the same period. This indicates significant profit-taking following bitcoin\u2019s strong rally since November.<\/p>\n<p>The continued offloading by LTHs has been a major factor in bitcoin\u2019s stalled price action since mid-November.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Short-term bitcoin (BTC) holders (STHs) have added 1.5 million bitcoin (BTC) since September taking the total to over 4 million bitcoin, according to Glassnode. This equates to an average accumulation of approximately 300,000 BTC per month. During this period, bitcoin surged from $60,000 to $109,000 before pulling back below $100,000. Glassnode defines STHs as those [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13070","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13070"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13070\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}