CryptoQuant: BTC Short-Term Holders May Start Selling on June 11, Price Could Reach $162,000
According to a report by Jinse Finance, CryptoQuant analyst Axel Adler Jr stated that the unrealized profit margin for short-term holders with a holding period of 1-3 months is currently 27%. Over the past four years, when this indicator exceeds 40%, this group of holders tends to start selling, creating downward pressure on prices. At the current growth rate of approximately 0.818 percentage points per day, it is expected that this indicator will reach the critical value of 40% in 16 days (June 11), at which point the Bitcoin price is expected to reach around $162,000. Axel Adler Jr noted that this prediction is based on linear extrapolation and does not take into account potential "black swan" events or sudden factors.
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