Analysts: Short-term holders have achieved local highs in profits, but have not yet reached past bull market peaks
2025-05-29 05:52:20
CryptoQuant analyst Axel Adler Jr said in a social platform post that the STH SOPR (30-day moving average), which measures the average realized profit and loss when tokens are spent on the short-term investor chain, recently hit a local high, indicating that short-term holders have realized a significant increase in profits. Despite this, the market demand for tokens remains strong and has not affected the current upward trend. The indicator has not yet reached the frenzied level seen at previous important price highs.
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