Short-term holder BTC supply at a loss hits post-FTX high

The amount of Bitcoin held at a loss by short-term holders (STHs) has reached 2.8 million BTC, the highest level since the collapse of FTX in November 2022, CoinDesk reported. STHs are defined as wallets that have held BTC for less than 155 days. In addition, long-term holders (LTHs) have continued to sell. According to Glassnode data, LTH Bitcoin holdings decreased from 14.75 million in July to 14.3 million in November.