At $97K, the supply in loss & profit held by STHs was evenly split at ~11% – the largest loss exposure for STHs since early January: pic.twitter.com/gypNiJ0BqX — glassnode (@glassnode) February 3, 2025 Glassnode said that when Bitcoin plummeted to $100,000 over the weekend, it pushed "a notable amount of short-term holder (STH) supply into loss.” "At $97K, the supply in loss & profit held by STHs was evenly split at ~11% – the largest loss exposure for STHs since early January,” the blockchain analytics firm said in an X post.
On the brighter side, the blockchain analytics firm noted that BTC’s long-term holders seem insulated from all the chaos surrounding the cryptocurrency community, saying, "#BTC’s long-term holders (LTHs) remain largely unaffected.” Glassnode revealed that data showed nearly 0.01% of the supply of these BTC holders was in loss, emphasizing the resiliency of long-term investors in times of market turbulence.
Related Reading: Bitcoin Bull Market At Risk If Key $97,000 Support Level Fails To Hold, Analyst Warns Long-Term Holders ‘Largely Unaffected’ Glassnode said that Bitcoin, like other cryptocurrencies, experienced a shaky week in which traders saw the world’s most dominant digital asset crash below the $100,000 level.
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