Analyst: Bitcoin falls below short-term holder cost, selling to close positions risk intensifies
- Bitcoin is currently trading at $64,952, below the short-term holder (STH) realized price of $67,523.
- The gap between Bitcoin's spot price and the STH realized price is 3.8%, amounting to $2,571.
- This is the smallest gap since July 21, with Bitcoin closing below the STH realized price 279 times in the past 284 days.
- Short-term holders may begin selling Bitcoin to exit at breakeven.
As of August 8, Bitcoin is trading at $64,952, which is below the average purchase price of short-term holders (STH) at $67,523. This indicates a 3.8% decline from the STH realized price, creating a gap of $2,571.
The current gap is noted to be the smallest since July 21, highlighting a trend where Bitcoin has closed below the STH realized price 279 times over the last 284 days.
Analyst Axel Adler Jr. suggests that this situation may lead short-term holders to sell their Bitcoin to exit at breakeven, increasing the risk of selling to close positions.
分析师：比特币跌破短期持有者成本，平仓风险加剧
截至8月8日，比特币交易价格为64,952美元，低于短期持有者（STH）的平均购买价格67,523美元。这表明比特币现货价格较STH实现价格下降了3.8%，形成了2,571美元的差距。
目前的差距被认为是自7月21日以来的最小值，突显出比特币在过去284天里有279天的收盘价低于STH实现价格的趋势。
分析师Axel Adler Jr.指出，这种情况可能导致短期持有者出售比特币以实现保本，从而增加平仓的风险。