Long-Term Holder Percent Volume in Loss
Metric Description
Long-Term Holder Percent Volume in Loss is used to track the percentage of BTC that has moved on the current day and was held for ≥ 155 days , and the price of the last move was higher than the current price.
The function of this indicator is the same as the Long-Term Holder Percent Volume in Profit.
When the value of this indicator gradually decreases until it continues to be 0, historically, it often corresponds to the main uptrend of the market.
This indicator can be used as an auxiliary indicator for judging the bottom range of the market, that is, other indicators have been used to judge that the market is close to the bottom range, and the indicator turns downward at the high point, indicating that long-term holder is no longer willing to sell at a loss. Historically , which often corresponds to the bottom range of the market.