On-chain data show the short-term holder realized price fell to approximately $83,200. Broader realized price and CVDD point to support zones near $50,000 or below for BTCUSD trading. Analyst Willy Woo cites on-chain models showing Realized Price around $54,200 and CVDD around $45,500, suggesting a cycle support band near $46,000–$54,000 for BTCUSD based on past bear-market behavior. BTCUSD faced roughly $375M in total liquidations: about $241M longs and $134M shorts.

Bitcoin on-chain data show long-term holder profitability plunged from 58% to 3% in about 140 days. LTH net unrealized PnL stayed just above zero during that stretch.

SPONSORED

Leave a Reply

Sponsored

More Articles

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading