Short-term holders are losing capital: -56%, while LTH show almost no drawdown cover art

Short-term holders are losing capital: -56%, while LTH show almost no drawdown

Short-term holders are losing capital: -56%, while LTH show almost no drawdown

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This brief is about short-term holders moving into loss while capital inside the STH group is shrinking sharply. At the same time, the LTH group shows almost no drawdown. The logic is simple: the pain is real, but it is concentrated in weak hands. The market structure does not yet look like a full cycle-wide capitulation.

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