Bitcoin Short-Term Holder Supply in $75,000-$78,000 Band Rises 90,000 BTC

Bitcoin (BTC) short-term-holder supply shifted toward the $75,000-$78,000 cost-basis band after Binance’s security incident, with supply in that range rising by a net 90,000 BTC over two days. The increase describes a change in the amount of Bitcoin assigned to the cost-basis band; it does not mean holders bought 90,000 BTC. At 2:59 a.m. ET (07:59 UTC) Nov. 1, BTC traded at $77,853. Entity-adjusted short-term-holder supply totaled 2.2353 million BTC as of Oct. 31. Of that amount, 1.147 million BTC, or 51.3%, was at a floating loss. The cost-basis distribution showed two large concentrations: 1.145 million BTC, or 51.2%, in the $78,000-$86,000 range, and 556,000 BTC, or 24.9%, in the $60,000-$65,000 range.

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