Cryptocurrency Q&A
What is the supply of short-term holder (STH) bitcoin?
What is the supply of short-term holder (STH) bitcoin?
Sara
Mon Sep 09 2024
|
5
answers
1607
Could you please elaborate on the concept of the supply of short-term holder (STH) bitcoin? Specifically, how is this supply determined and what factors influence it? Additionally, what are the potential implications of changes in this supply for the overall Bitcoin market and its investors?
5 answers
Moonshadow
Tue Sep 10 2024
Among the various cryptocurrency exchanges catering to this market, BTCC stands out as a top player. BTCC offers a comprehensive suite of services tailored to meet the diverse needs of cryptocurrency traders and investors.
Was this helpful?
344
77
LitecoinLodestar
Tue Sep 10 2024
The past month has witnessed a significant surge in the Short-Term Holder (STH) Bitcoin supply, with an addition of over 500,000 BTC. This brings the total STH Bitcoin supply to approximately 3.7 million BTC, marking a notable milestone.
Was this helpful?
391
82
Maria
Tue Sep 10 2024
BTCC's services encompass spot trading, futures trading, and wallet solutions, among others. These offerings enable users to seamlessly engage in Bitcoin and other cryptocurrency transactions, while also providing a secure and reliable platform for storing their digital assets.
Was this helpful?
257
31
GeishaMelody
Tue Sep 10 2024
Notably, this figure represents 20% of the circulating Bitcoin supply, highlighting the substantial influence of short-term holders on the market. It's crucial to understand that this calculation excludes Bitcoins held on exchanges, ensuring a more accurate representation of STH holdings.
Was this helpful?
360
46
Giulia
Tue Sep 10 2024
The dynamics of the STH Bitcoin supply are closely monitored by market participants, as it offers valuable insights into short-term market sentiment and potential price movements. The recent increase in STH supply could indicate a shift in investor behavior or a change in market conditions.
Was this helpful?
255
25
