Bitcoin short-term holder profit drops to 70%, which Glassnode says may favor buyers

Recent buyers have slipped out of the profit-taking zone, and Glassnode says that may offer a better entry for anyone betting on an uptrend A month ago, almost every recent Bitcoin buyer was sitting on a gain. Now about 70% of them are. That drop in the short-term holder profit rate is the kind of shift Glassnode says may offer a better entry point for buyers betting on an uptrend. Glassnode reported the shift on October 26, 2026. The on-chain analytics firm tracks short-term holders, or STHs, defined as entities that have held Bitcoin for less than 155 days.