Cryp2Nova

Unrealised Topheavy Supplyinloss STH 1 Topheavy Supplyinloss STH 1

Bitcoin

This shows short-term-holder supply in loss relative to total supply, normalizing the top-heavy stress measure.

Why it matters

It scales recent-buyer loss supply to make it comparable across different supply sizes over time.

How it is built

Short-term-holder supply in loss is divided by total circulating supply, as a percentage.

What to watch

Elevated relative readings mark broad recent-buyer distress typical of capitulation phases and local bottoms.

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