Darkcast: Bitcoin short-term holders have high profit margins, facing profit taking pressure around $80000
CryptoQuant analyst Darkfost stated that during the rise of Bitcoin to $80000, short-term holders had an average unrealized profit of nearly 15% and an average holding cost of approximately $70100. After short-term holders' profits rose to the region, the stability of their holdings decreased, and some investors chose to take profits. Bitcoin faced profit taking pressure around $80000.