Crypto Nutshell

🚨 BREAKING: WHALE MAKES A MOVE 🐋

Time for a check-in on the Long/Short-Term Holder Threshold.

Here’s how this metric works:

🔴 Short-Term Holders (STHs): Coins held for less than 155 days
🔵 Long-Term Holders (LTHs): Coins held for more than 155 days
🟥 Short-Term Holder Cost Basis: All coins purchased in this price range are STHs
🟦 Long-Term Holder Cost Basis: All coins purchased in this price range are LTHs

This metric is powerful because it shows exactly what price range long and short term holders bought their Bitcoin at. 🔍

The key cutoff date right now is February 1, 2025, when Bitcoin hovered near $101K.

Anything bought before that? Long-term holder (LTH).

After that? Short-term holder (STH).

And here’s the story the data tells:

LTHs now control 14.63M BTC - a staggering 73.6% of the circulating supply.

STHs? Just 2.37M BTC, or 11.9%.

In the last 90 days alone, over 500K BTC has flowed into long-term hands.

But one stat raised eyebrows this weekend…

The LTH count dropped by 64,752 - a sharp move that triggered some alarm bells.

However, there is no need to panic.

According to Arkham Intelligence, it’s tied to a single whale wallet that moved BTC after 14 years of silence.

Arkham believes that the whale has shown no signs of selling - just a shift to enhanced security.

Bottom line?

Conviction hasn’t wavered.

Long-term holders are still in full control.

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1 month ago | [YT] | 10