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BTC Short-Term Holders' Profit Margin Falls to 7% on September 17
According to CryptoQuant analyst Axel Adler Jr., on September 17, Bitcoin is trading at approximately $76,200, while short-term holders (those holding for less than 6 months) have an average cost basis of around $71,300, leaving a profit margin of just 7%. The analyst noted that over the past week, the profit buffer for short-term holders has compressed from 10% to 7%, indicating a significant narrowing of profitability. Data from CryptoQuant shows that between September 10 and 17, the exchange
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BTC1.34%