BTC $64,028.95 +1.27%
ETH $1,905.78 +0.92%
BNB $606.98 +0.03%
XRP $1.00 +0.17%
SOL $76.02 +0.69%
TRX $0.3306 -0.40%
DOGE $0.0703 +0.51%
ADA $0.1743 -1.31%
BCH $205.44 +0.46%
LINK $9.52 +1.77%
HYPE $59.22 +2.36%
AAVE $87.74 +0.96%
SUI $0.6771 -0.21%
XLM $0.1581 -0.61%
ZEC $510.90 +3.58%
BTC $64,028.95 +1.27%
ETH $1,905.78 +0.92%
BNB $606.98 +0.03%
XRP $1.00 +0.17%
SOL $76.02 +0.69%
TRX $0.3306 -0.40%
DOGE $0.0703 +0.51%
ADA $0.1743 -1.31%
BCH $205.44 +0.46%
LINK $9.52 +1.77%
HYPE $59.22 +2.36%
AAVE $87.74 +0.96%
SUI $0.6771 -0.21%
XLM $0.1581 -0.61%
ZEC $510.90 +3.58%

CryptoQuant: Short-term Bitcoin holders are taking profits at highs instead of continuing to hold

2026-05-18 08:24:48

CryptoQuant analyst Axel Adler stated that Bitcoin has recently attempted to break through the $82,000 level three times, but each time it faced a pullback. During each rebound, the STH-SOPR indicator rose to around 1 before weakening again, indicating that short-term holders are taking profits during the uptrend rather than continuing to hold.

Currently, $82,000 is not only a key resistance level from a technical perspective but also an important selling pressure zone from a market behavior perspective, having formed a strong selling pressure area.

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