Bitcoin Short-Term Holders Reach 5.4 Million BTC (Up 24.7% Since August) as New Investors Enter the Market

COINOTAG News reports that CryptoQuant analyst Axel shared fresh on-chain data: since August, the Bitcoin Short-Term Holders (STH) group has added roughly 1 million BTC to their collective balance, bringing the total to about 5.4 million BTC. The move equates to a roughly 24.7% gain, underscoring a meaningful shift in on-chain activity amid volatility.

Although the STH cohort currently sits in a realized loss zone, new market entrants continue to deploy capital into Bitcoin, signaling persistent demand and potential liquidity support. Investors should monitor on-chain indicators as a gauge of demand dynamics, with the evolving STH profile informing risk frameworks and tactical allocation for traders and institutions.

Taken together, the data emphasize credible sourcing and disciplined interpretation of on-chain signals to navigate near-term risk with credibility and caution.