Short-term holders offload 15,700 Bitcoin amidst renewed panic

Short-term holders, Bitcoin investors who have held their assets for less than 155 days, offloaded 15,700 Bitcoin today amid renewed market panic. The sell-off reflects heightened fear as these more reactive investors typically respond quickly to price fluctuations.

The selling pressure comes as Bitcoin holders demonstrate familiar patterns of capitulation during market stress. Short-term holders often move their assets to exchanges during downturns, creating additional downward pressure on prices.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments