Cryp2Nova

Unrealised Sthcostbasis Delta Sthcostbasis Delta

Bitcoin

The Short-Term Holder Cost Basis is the average acquisition price of coins held for less than about 155 days — the aggregate break-even price of recent buyers.

Why it matters

It acts as a dynamic support or resistance level, since recent buyers' collective profitability flips as price crosses this line.

How it is built

It is the realized price of the short-term-holder cohort: the total value they paid divided by the number of coins they hold.

What to watch

Price trading above the STH cost basis keeps recent buyers in profit and tends to sustain uptrends; a break below often triggers loss-driven selling and momentum shifts.

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