The crypto market has seen an unexpected lull, leading many market participants to pause their activity. This has lowered the risk of sell-off among short-term holders. The short-term holder sell-side risk ratio, a technical indicator that exposes potential market pressure, currently sits at 0.05%, the lowest in nearly 13 years... Will historical data repeat itself, triggering a significant price movement?
STH sell-side risk ratio drops to record low: What does it mean for Bitcoin? STH sell-side risk ratio drops to record low: What does it mean for Bitcoin?
The sell-side risk ratio for short-term holders dropped to 0.05%, the second-lowest it has been since 2010.
2 min read
Updated: Aug. 16, 2023 at 5:32 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
