{"id":56914,"date":"2025-11-17T13:27:01","date_gmt":"2025-11-17T13:27:01","guid":{"rendered":"https:\/\/thecryptocurrencypost.net\/es\/?p=56914"},"modified":"2026-05-30T09:34:04","modified_gmt":"2026-05-30T07:34:04","slug":"short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx","status":"publish","type":"post","link":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/","title":{"rendered":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX"},"content":{"rendered":"<p><strong>La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX<\/strong>, seg\u00fan datos on-chain que muestran un deterioro r\u00e1pido en el tramo m\u00e1s reciente del mercado. <strong>Aproximadamente 2,8 millones de BTC permanecen \u201cunderwater\u201d<\/strong>, exponiendo una zona de tensi\u00f3n cuyo desenlace depender\u00e1 del comportamiento del precio. <strong>La base de coste STH en torno a $92.000 emerge como nivel cr\u00edtico<\/strong> para evaluar si el estr\u00e9s deriva en capitulaci\u00f3n o estabilizaci\u00f3n.<\/p>\n<p><!--more--><\/p>\n<p><strong>Los STH son direcciones que adquirieron sus BTC en los \u00faltimos 155 d\u00edas<\/strong>, una segmentaci\u00f3n que diferencia el pulso de los inversores recientes frente a los tenedores a m\u00e1s largo plazo. <strong>Hoy, 2,8 millones de <a href=\"https:\/\/thecryptocurrencypost.net\/es\/noticias-criptomonedas\/noticias-bitcoin\/\" target=\"_blank\" rel=\"noopener\">BTC<\/a> est\u00e1n en p\u00e9rdidas<\/strong>, reflejando la profundidad de la correcci\u00f3n, con <strong>cohortes que registran ca\u00eddas del 12,79%, 7,71% y 3,46% seg\u00fan su antig\u00fcedad<\/strong>. En el extremo de concentraci\u00f3n, <strong>las \u201cnewbie whales\u201d (STH con m\u00e1s de 1.000 BTC) pasaron de $10,1 mil millones en ganancias no realizadas a ~ $6,9 mil millones en p\u00e9rdidas latentes<\/strong>, ilustrando la velocidad del giro de tendencia.<\/p>\n<p><strong>El precio de <a href=\"https:\/\/bitcoin.org\/es\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> subi\u00f3 hasta $126.000 y luego retrocedi\u00f3 ~23%<\/strong>, perforando el soporte de <strong>$109.000<\/strong> y situ\u00e1ndose cerca de <strong>$103.500<\/strong> al momento del registro. <strong>La Short-Term Holder Cost Basis ronda los $92.000<\/strong>, una referencia que delimita el riesgo de <strong>capitulaci\u00f3n generalizada<\/strong> frente a la posibilidad de <strong>estabilizaci\u00f3n<\/strong> si el precio se sostiene sobre ese nivel.<\/p>\n<h2>An\u00e1lisis on-chain del Short-Term Holder Bitcoin Supply in Loss<\/h2>\n<p><strong>La SOPR de STH se ubica pr\u00f3xima al punto de equilibrio (1)<\/strong>, lo que sugiere una fr\u00e1gil balanza entre presi\u00f3n vendedora y retenci\u00f3n; hist\u00f3ricamente, <strong>lecturas por debajo de 1 anticipan ventas a p\u00e9rdida y riesgo de capitulaci\u00f3n<\/strong>. En contraste con la vulnerabilidad de los STH, <strong>la oferta en manos de long-term holders (LTH) sigue expandi\u00e9ndose<\/strong>, un patr\u00f3n t\u00edpico de acumulaci\u00f3n que amortigua parcialmente los impactos bajistas.<\/p>\n<p><strong>Pese a una p\u00e9rdida acumulada desde el m\u00e1ximo de noviembre de 2021 estimada en $1,8 billones<\/strong>, ciertos indicadores de actividad muestran resiliencia: <strong>la TVL de <a href=\"https:\/\/thecryptocurrencypost.net\/es\/tag\/solana\/\">Solana<\/a> super\u00f3 los $10.000 millones<\/strong>, se\u00f1al de que el capital contin\u00faa fluyendo hacia proyectos con casos de uso definidos. <strong>Un aumento persistente de STH en p\u00e9rdidas puede intensificar la volatilidad y comprimir la liquidez<\/strong>; por ello, <strong>usuarios y gestores de riesgo deber\u00edan vigilar la SOPR<\/strong>, la <strong>concentraci\u00f3n de posiciones grandes en STH<\/strong> y la <strong>reacci\u00f3n del precio alrededor de la base de coste de $92.000<\/strong>.<\/p>\n<p><strong>El repunte de la oferta de STH en p\u00e9rdidas iguala la tensi\u00f3n vista tras FTX y expone la fragilidad de inversores recientes<\/strong>. El pr\u00f3ximo hito es <strong>la reacci\u00f3n del precio al coste medio de STH cercano a $92.000<\/strong>; su mantenimiento o ruptura <strong>ser\u00e1 determinante para la direcci\u00f3n del mercado en las pr\u00f3ximas semanas<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX, seg\u00fan datos on-chain que muestran un deterioro r\u00e1pido en el tramo m\u00e1s reciente del mercado. Aproximadamente 2,8 millones de BTC permanecen \u201cunderwater\u201d, exponiendo una zona de tensi\u00f3n cuyo desenlace depender\u00e1 del comportamiento del precio. [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":56913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,259],"tags":[124,148,140,419,1529,1528],"class_list":["post-56914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-picks","category-mercado","tag-bitcoin","tag-btc","tag-criptomonedas","tag-ftx","tag-short-term-holder","tag-sth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX The CryptoCurrency Post ESP<\/title>\n<meta name=\"description\" content=\"La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX The CryptoCurrency Post ESP\" \/>\n<meta property=\"og:description\" content=\"La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/\" \/>\n<meta property=\"og:site_name\" content=\"The CryptoCurrency Post ESP\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-17T13:27:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-30T07:34:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Noah Sullivan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Noah Sullivan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX The CryptoCurrency Post ESP","description":"La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/","og_locale":"es_ES","og_type":"article","og_title":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX The CryptoCurrency Post ESP","og_description":"La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX","og_url":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/","og_site_name":"The CryptoCurrency Post ESP","article_published_time":"2025-11-17T13:27:01+00:00","article_modified_time":"2026-05-30T07:34:04+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg","type":"image\/jpeg"}],"author":"Noah Sullivan","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"Noah Sullivan","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#article","isPartOf":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/"},"author":{"name":"Noah Sullivan","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/person\/ccd065e0057c2ffa7ae585e1d703de5b"},"headline":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX","datePublished":"2025-11-17T13:27:01+00:00","dateModified":"2026-05-30T07:34:04+00:00","mainEntityOfPage":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/"},"wordCount":494,"publisher":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#primaryimage"},"thumbnailUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg","keywords":["Bitcoin","BTC","criptomonedas","FTX","Short-Term Holder","STH"],"articleSection":["Editor's Picks","Mercado"],"inLanguage":"es"},{"@type":"WebPage","@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/","url":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/","name":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX The CryptoCurrency Post ESP","isPartOf":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#primaryimage"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#primaryimage"},"thumbnailUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg","datePublished":"2025-11-17T13:27:01+00:00","dateModified":"2026-05-30T07:34:04+00:00","description":"La oferta de Bitcoin en manos de short-term holders (STH) en p\u00e9rdidas lleg\u00f3 a su m\u00e1ximo desde la ca\u00edda de FTX","breadcrumb":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#primaryimage","url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg","contentUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2025\/11\/short-term-holder-bitcoin-supply-loss-sopr-onchain-chart.jpg","width":1280,"height":720,"caption":"Analista de mercado observa gr\u00e1fico de Bitcoin con SOPR y datos on-chain, nodos en el fondo."},{"@type":"BreadcrumbList","@id":"https:\/\/thecryptocurrencypost.net\/es\/short-term-holder-bitcoin-supply-in-loss-alcanza-su-nivel-mas-alto-desde-el-colapso-de-ftx\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Noticias Criptomonedas","item":"https:\/\/thecryptocurrencypost.net\/es\/"},{"@type":"ListItem","position":2,"name":"La oferta de Bitcoin en STH alcanza su punto m\u00e1s bajo desde el colapso de FTX"}]},{"@type":"WebSite","@id":"https:\/\/thecryptocurrencypost.net\/es\/#website","url":"https:\/\/thecryptocurrencypost.net\/es\/","name":"The CryptoCurrency Post ESP","description":"Crypto News","publisher":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thecryptocurrencypost.net\/es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization","name":"The CryptoCurrency Post ESP","url":"https:\/\/thecryptocurrencypost.net\/es\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/logo\/image\/","url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/05\/TCP-favicon-dev.png","contentUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/05\/TCP-favicon-dev.png","width":280,"height":280,"caption":"The CryptoCurrency Post ESP"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/person\/ccd065e0057c2ffa7ae585e1d703de5b","name":"Noah Sullivan","image":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/secure.gravatar.com\/avatar\/bb7e14ee1f5996b5043ff9d50775df9a21f7dc7070df2db9c9aaba83e11daca0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/bb7e14ee1f5996b5043ff9d50775df9a21f7dc7070df2db9c9aaba83e11daca0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bb7e14ee1f5996b5043ff9d50775df9a21f7dc7070df2db9c9aaba83e11daca0?s=96&d=mm&r=g","caption":"Noah Sullivan"},"description":"Noah covers the altcoin landscape and emerging crypto trends, tracking the development of new tokens and narratives beyond short-term volatility. His reporting prioritizes understanding market cycles and broader behavioral shifts over mere speculation. He also contributes strategic insights into general market conditions and pivotal developments within the Web3 space.","url":"https:\/\/thecryptocurrencypost.net\/es\/author\/noah\/"}]}},"_links":{"self":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/56914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/comments?post=56914"}],"version-history":[{"count":1,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/56914\/revisions"}],"predecessor-version":[{"id":66188,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/56914\/revisions\/66188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/media\/56913"}],"wp:attachment":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/media?parent=56914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/categories?post=56914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/tags?post=56914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}