Axel Adler Jr: Short term holders of Bitcoin increase their holdings to 4.08 million coins

Cryptocurrency analyst Axel Adler Jr stated that short-term holders' holdings increased to 4.08 million, an increase of 422000 from the July low, including 154000 in the first two weeks of October and 48000 in the past week. The entry range for new buyers is between $82000 and $86000, with an average cost of approximately $74900 for short-term holders. The unrealized profit buffer has narrowed from 16% to 10%. The profit and loss threshold for this group is $74900, and the price has been above the cost since August 20th. If it falls below this cost, the group will enter a floating loss.