<ul><li>Short-Term Holders of Bitcoin are no longer accumulating, marking a potentially pivotal moment in the current cycle.</li><li>Analysis from Alphractal reveals a shift in behavior as Short-Term Holder supply fails to accumulate despite price increases.</li><li>On-chain data shows that Short-Term Holders are opting for distribution over accumulation, particularly during periods of price strength.</li><li>Realized price metrics signal potential market shifts, with Short-Term Holder realized price nearing a critical support level and Long-Term Holder realized price reflecting confidence.</li></ul>

Short-Term Holders Are No Longer Accumulating Bitcoin, According to Latest Analysis

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