Bullish
Bitcoin STH MVRV Below Parity for 98 Days as Losses Hit 6%
18:16
Short-term Bitcoin holders face a 6% unrealized loss with MVRV at 0.94. No panic selling detected as price holds above key support levels.
Woofun AI data shows that short-term Bitcoin holders are currently operating at a 6% loss relative to their entry cost, with the STH MVRV ratio holding at 0.94. This metric has remained below the 1.0 parity level for 98 consecutive days, reflecting persistent unrealized losses over the past three months. The realized price for this cohort stands at approximately $67,300, while the spot price hovers near $63,200.
The STH SOPR (7-day moving average) is recorded at 0.996, indicating minor losses without intense selling pressure. Prices remain above the -1σ support level of $59,300, with the deeper -2σ stress zone located at $49,200. Recent fluctuations in the SOPR have stayed within a narrow range of 0.996 to 1.002, suggesting a controlled pullback rather than a structural breakdown.
WOOFUN AI
Impact Assessment · Quick Read
The sustained period of unrealized losses for short-term holders indicates a phase of accumulation or consolidation rather than capitulation. With the SOPR hovering near break-even, selling pressure appears contained, reducing the immediate risk of a cascade liquidation. However, the inability of the MVRV to reclaim parity suggests that upward momentum remains weak until spot prices decisively breach the $67,300 realized price threshold.
Generated by WOOFUN AI · For reference only, not investment advice
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