Darkfost: The share of short-term holders of bitcoin has declined, and the market is near the end of Bear City

According to CryptoQuant Analyst Darkfost, the share of short-term holders (STH) in the Bitcoin market decreased, with less than 1.2 per cent held in one day, 2 per cent in one day to one week, 5.6 per cent in one week to one month, 6.7 per cent in one to three months and 8.1 per cent in three to six months. Darkfost believes that the decline in the number of STHs and the low level of market demand was a phenomenon at the end of the bear market。