glassnode: The current bitcoin price is approximately 12% below the short-term holders’ cost basis

Foresight News reported, according to updated data from glassnode, the spot price of bitcoin is fluctuating around $87,800, with slight adjustments in key on-chain price models. The data shows that the cost basis for short-term holders is $99,900, the average price for active investors is $87,700, the true market average price is $81,100, and the realized price is $56,200. The current bitcoin price is about 12% below the short-term holders' cost basis.