Data: Analysis: Bitcoin short-term holders' discounts narrow, market rebounds but risk appetite has not yet opened

By: rootdata|2026/04/24 06:42:01

Share

copy

According to on-chain analyst Axel Adler Jr (@AxelAdlerJr), the discount for short-term holders (STH) has narrowed from -21.6% to -5.7%, and the 7-day moving average of STH-SOPR has risen back above 1, indicating that short-term sellers are no longer clearly in a loss position. However, the current price is still below the cost basis of $83,000, and the market has not yet entered a true risk-on phase.

Popular coins

Latest Crypto News

07:42

Morgan Stanley launches a stablecoin reserve fund, positioning itself as a reserve manager for the stablecoin industry

Morgan Stanley's investment management division, MSIM, announced the launch of a stablecoin reserve portfolio fund (MSNXX), which is a government money market fund designed specifically for stablecoin issuers. It aims to provide a regulated and secure storage place for reserves held by issuers that ...

07:42

Bitget integrates with Market Prophit: launches AI social copy trading feature, supports reverse copy trading strategies

Bitget announced a strategic partnership with the crypto data intelligence platform Market Prophit to jointly launch an AI-driven social trading tool. This feature is based on Market Prophit's AI engine, which performs real-time scans of vast data on platform X and combines it with the historical ma...

07:42

Data: The current whale position on the Hyperliquid platform is 3.618 billion USD, with a long-short position ratio of 1.03

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.618 billion, with long positions totaling $1.835 billion, accounting for 50.73% of the holdings, and short positions totaling $1.783 billion, accounting for 49.27%. The profit and loss for long posit...

07:42

Chinese Ministry of Foreign Affairs: China firmly opposes the U.S. slandering and discrediting the achievements of China's artificial intelligence industry development

In response to the U.S. accusations of China "stealing" intellectual property from American artificial intelligence laboratories, Foreign Ministry spokesperson Guo Jiaqun stated during a regular press conference on the 24th that the U.S. claims are unfounded and are a smear against China's achieveme...

06:42

ARK Invest: In Q1, the supply of Bitcoin held by strong holders surged by 69%, reaching a new high since 2020

According to Cointelegraph, despite the 22% drop in Bitcoin prices, the supply of Bitcoin held by steadfast buyers has significantly increased from 2.13 million BTC to 3.6 million BTC, an increase of 69%, reaching the highest level since 2020.