Bitcoin metric shows ‘euphoria’ as $112.5K BTC price squeezes new buyers

Bitcoin short-term holders struggled to seal profits in recent days while overall supply ownership flashed a classic bull-market top warning.

Key points:

Bitcoin’s NUPL metric repeats past bull-market tops with a move from “optimism” to “euphoria.”

The Bitcoin realized cap is increasingly in the hands of short-term holders.

Read more