Analyst: Bitcoin Short-Term Holders Panic Rises, Loss-Selling Pressure Hits Nearly 4-Month High
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin short-term holders (STH) are showing clear signs of panic. Over the past 24 hours, short-term holders transferred more than 50,000 BTC to exchanges at the daily peak.Of this, more than 29,500 BTC was transferred to exchanges at a loss, accounting for approximately 59% of total BTC inflows — the largest realized loss by short-term holders in nearly 4 months.Darkfost noted that despite the large-scale loss-selling pressure from short-term holders, Bitcoin's price has not shown significant volatility. BTC is currently trading at around $82,000 and is retesting the previous high area formed in May of this year.