More than 96% of short-term Bitcoin investors are still underwater as Q1 nears its end.

- Short-term holders (STH) currently hold about 5.2M BTC.

- Their average purchase price is around $83K, while the current market price is about $67.6K.

- Only 3.2% of STHs are in profit, while 96.8% remain at a loss.

The market is under heavy stress, with STH SOPR < 1 for an extended period. The key risk now is whether short-term holders avoid a mass panic sell.

❗️This is for informational purposes only, not investment advice. #DYOR #NFA

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