Axel Adler Jr. Bitcoin falls below the cost for short-term holders, increasing the risk of selling and closing positions
2026-08-08 16:07:28
According to CoinMeta, based on the monitoring of early in and the analysis by CryptoQuant analyst Axel Adler Jr, the trading price of Bitcoin has fallen below the cost base for short-term holders. As of August 8th, the trading price of Bitcoin was $64,952, while the actual cost for short-term holders was $67,523, representing a 3.8% difference of $2,571. Over the past 284 days, there have been 279 instances where the closing price of Bitcoin was lower than the actual cost for short-term holders, prompting them to start selling Bitcoin in order to break even.
Bullish 0
Bearish 0Share to 
Source：Internet
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh
Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04
Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54
web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24
Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55
Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24