{"content":"🚀 Decoding the Market: Bitcoin Supply Patterns Reveal the Real Phase We’re In Bitcoin fell from an all-time high of $124,000 to $117,000 as the cryptocurrency market turned gloomy. While negative pressure builds, Bitcoin's supply dynamics reveal market and investor sentiment. What Bitcoin Supply Data Says About Market Bitcoin's price has plummeted after hitting a record high on Thursday, sparking market speculation. Boris, a crypto trader and on-chain specialist, produced a supply-dynamics study of BTC's market amid mounting concern. Bitcoin supply patterns reveal investor behavior, accumulation tendencies, price direction, and market health. Boris' supply dynamics analysis focuses on long-term and short-term holdings. As Bitcoin reached its peak, supply dynamics showed a clear divide between these investors. Long-term BTC investors are selling their holdings while short-term holders are rapidly increasing. Divergent attitude amongst groups suggests the market is under a post-all-time high stress test. Post-all-time high stress tests assess market resilience and investor confidence. Short-term holders are holding tight while long-term traders are actively reacting to price changes, assessing if BTC can sustain its worth and momentum after the recent high. Long-term holders' supply dropped from 15.50 million BTC to 15.28 million BTC, indicating profit-taking. Meanwhile, short-term holdings increased from 4.38 million BTC to 4.61 million BTC, indicating they are profiting on recent rises. The on-chain specialist says this shows that STHs followed the trend and increased risk, whereas LTHs sold during the rise. Last-minute purchasers were tested when Bitcoin's price dropped from $124,000. This essential parameter measures whether new investors sell profitably. The measure dropped below neutral when BTC prices soared, but it immediately rebounded and went above neutral. Glassnode says this suggests little realized losses and that new Bitcoin investors are willing to maintain their cost basis, which is close to $112,000. #BTC #MarketTurbulence $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/16/6b7f54c5c0134ac59d4fe196a4b9ae80.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}