Analyst: 99.4% of bitcoin holders are in profit, STH RP target is $133,000
BlockBeats News, on October 7, CryptoQuant analyst Axel posted on social media that currently 99.4% of the bitcoin supply is in a profitable state. Almost all holders are currently realizing book profits, and market sentiment remains highly optimistic.
A reference indicator is that the current short-term holders' realized price target points to $133,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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