ChainCatcher news, according to CryptoSlate, last weekend, Bitcoin plummeted to below $60,000, resulting in more than $537 million in realized losses, mainly from short-term holders (STH).

This sell-off highlights the volatility and reactive behavior of these market participants, with $441 million in losses coming from users who held Bitcoin for a month or less. As the market fluctuates, key on-chain indicators show that the proportion of STH supply in a profitable state has dropped sharply.