88% of Short-term Bitcoin Holders Are Facing Unrealized Losses

Recent price slide in Bitcoin has left short-term holders underwater on their coin holdings, with 88.3% of the supply controlled by short-term holders experiencing unrealized losses. Out of the 2.56 million BTC held by short-term holders, only 300,000 BTC is still in profit. The flow of short-term owned coins into exchanges has increased, indicating potential liquidation by holders facing losses.