New Bitcoin Buyers Have Lost Money for 2 Months Straight, Data Shows

Bitcoin’s newest investors have been underwater since November 2024, with on-chain data revealing a sustained period of unrealized losses that has now stretched into its eighth consecutive week. Short-term holders (defined as those who purchased BTC within the past 155 days) require a recovery above $98,000 to return to profitability, according to analysis from blockchain analytics firm Glassnode. Source: Glassnode The metric tracking this cohort’s financial position, known as STH-NUPL (Short-Term Hold ...