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Short-Term Bitcoin Traders Are Likely Profiting, Data Suggests

Data from Glassnode and Decentral Park Capital shows bitcoin's STH-SOPR indicator, which shows the degree of realized profit and loss for all coins moved on-chain that have a lifespan of less than 155 days. The indicator has bounced from 1.00. Values greater than 1 suggest coins moved are, on average, selling at a profit. “All About Bitcoin” host Christine Lee breaks down “The Chart of The Day.”

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