Each NFT is a ticket to FarCon 2023 in Boston. More info at https://farcon.xyz

Art by 0xen.eth

FarCon 2023 Tickets

This chart shows that the price of Bitcoin is close to the realized price of short-term holders. This means that the profit margin is low, although these investors are currently still in the profit. Therefore, it is possible that if Bitcoin continues its recent downtrend, a retest of the group's cost-average basis is imminent

This suggests that the margin that investors have made in the short term is relatively small, meaning that the difference between the current price and the actual price has narrowed significantly