Glassnode: BTC has risen to a short-term holder cost basis of about $92,700, but it is still hovering around break-even

Odaily Planet Daily reports that according to Glassnode analysis, the BTC price briefly rose to the short-term holder cost basis (about 92.7 thousand US dollars), but now the trading price is slightly lower than this price level, with STH MVRV at 0.99. This means that short-term holders are still in a vulnerable position, hovering near break-even point.