Main takeout:
Short -term bitcoin holders realize $ 11.6 billion in the last 30 days, suggesting potential pause or the best in the market.
Technical indicators showcase cooling momentum as retail investors’ emotions are low 90 days and liquidity data drops to price volatility.
The price of Bitcoin (BTC) has recently recorded a new record of $ 111,800, but GlassNode’s onchain data signals “breeders” by revealing significant profits from short -term holders (STHS).
GlassNode Analysis has often been surprised by STHS, which is often considered a trader rather than long -term investors, has surprised $ 11.6 billion in the last 30 days. This is a rapid rebound of Bitcoin’s price, exceeding $ 93,000 based on STH costs. Profit peaked at $ 770 million every day, and rapidly increased from $ 1.2 billion realized over the last 30 days, emphasizing changes in new investors.
STH has a surge in profits/losses, now has a higher profit than loss, and only 8% of the transaction date has a higher rate.
This level of profit is common in optimistic trends, but often prioritizes the local market tower. Excessive profits can overwhelm new demand, causing overhead supply resistance, and stop the upward trajectory of Bitcoin.
Encryption analyst AXEL ADLER JR said that Bitcoin’s 30 -day price momentum has already slowed 38%, reaching 19%. ADLER has recently explained that it is a “waiting time for technology reuse” after the recent peak. Bitcoin researchers suggested that “breeders” are needed before resuming the rally.
Similarly, the analysis of Hyblock Capital has been paying attention to the last three months, as Bitcoin continues to go aiming at the liquidity zone that is shorter than the current price.
However, retail feelings are the lowest level of 90 days, and only 31.59%of the retail account has a long position. On the other hand, the public interest is 90 days height, and the combined order document sits in the 91st percentage, showing high fluidity and potential volatility.
Related: US Bitcoin ETF close to record after $ 1.5B in 2 days
As BTC fell to less than $ 110,000, the Bitcoin Open Interest fell to $ 1.2 billion.
Bitcoin has dropped sharply from $ 111,300 to $ 108,000 before the New York trading session on May 23, and the 50% tariff on US President Donald Trump’s 50% tariffs triggered the price dump from June 1, 2025, causing global market uncertainty.
Price plunge has led to a decrease in $ 1.2 billion in Bitcoin positions, and traders have shown the wave of DI Lever Razing by reducing gift exposure.
Latest: #Bitcoin The public interest shows a $ 1.2 billion position flush. $ BTC It falls below $ 110,000. pic.twitter.com/0ee46bihgd
-COINTELELEGRAPH Markets & Research (@cointelegraphmt) May 23, 2025
Despite the initial selling, Bitcoin rebounded more than $ 109,000, and speculators dismissed the selling period. Regarding the current market trend, encryption merchant Honey pointed out that all modifications could be a potential purchase opportunity. The merchant
“As we expected, now as the Golden Cross has happened in BTC, we usually be careful here because we can generally see the full back of the market. Deep is for purchase.”
Related: If the Trump EU tariff dialogue is liquidated more than $ 300m, the price of bitcoin falls 4%.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.