Glassnode: Short-Term Holders Remain Profitable as Market Momentum Gradually Recovers

According to a report by Jinse Finance, Glassnode data shows that the recent pullback in Bitcoin’s price has been limited, with the price still holding above the 1-month realized price of $105,100. The realized prices for other timeframes are as follows: $105,600 within 24 hours, $106,300 within 1 week, $101,200 within 3 months, and $98,100 within 6 months. The data indicates that all short-term holder groups are currently in profit, suggesting that market momentum is improving. Bitcoin’s price remaining above the short-term realized price is generally seen as a sign of market health, indicating that short-term investors are not facing significant selling pressure.