You may not know
100% of the short-term holder (STH) supply is currently PROFITABLE
This figure has surpassed the threshold of 88% of capital, which is considered the tipping point from a healthy growth market to an extreme growth market
This inadvertently creates strong profit-taking demand as the market condition remains consistently high
If you like this post, don't forget to leave me a like and share your thoughts in the comments below.
Follow all of David's actions here first:
Show original
63.08K
84
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.