Bitcoin Short Term holders Panic Selling? 3.4M BTC are Underwater
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Bitcoin Price Consolidation: Bitcoin is currently trading between $85,000 and $88,000, with a significant number of short-term holders facing losses as over 90% have been forced into long-term holding due to market conditions.
Decline in Active Users: The Bitcoin Network has seen a decrease in active addresses, dropping from 23.75 million in January to 19.76 million in March, indicating reduced demand and new investor inflow, while long-term holders are capitalizing on the situation.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





