Bitcoin Short-Term Whales Accumulate $10.1 Billion in Paper Profits—Will They Cash Out?
Bitcoin’s recent surge past record price points has positioned short-term holder (STH) whales with paper profits totaling approximately $10.1 billion, as indicated by data from CryptoQuant. These whales, defined as entities possessing over 1,000 BTC acquired in the previous five months, are often characterized as “weak hands” due to their tendency to sell quickly during price volatility. The current unrealized profit figure marks a significant peak in this market cycle, highlighting the rapid shifts that Bitcoin’s market can experience. Just weeks ago, many among this group faced losses following a dip in late September. However, recent dynamics—including ETF inflows, speculation












