In the last 24 hours, Bitcoin short-term holders moved 28,000 BTC to exchanges at a loss, which may indicate a bearish sentiment among these investors. Short-term holders, defined as Bitcoin addresses that have held their coins for less than 155 days, often react to price volatility and their move to exchanges is generally seen as a precursor to selling, especially during market downturns. Such actions can signal capitulation, suggesting that these holders might be exhausting their bearish sentiments as they respond to ongoing price challenges.
Bitcoin short-term holders move 28,000 BTC to exchanges at a loss in past 24 hours
