Short-term holders deposit 21,400 Bitcoin (BTC) to exchanges...Possible sales despite losses
JH Kim
Summary
- On-chain analyst Maartunn announced that short-term holders recently deposited a total of 21,400 Bitcoin (BTC) to exchanges within 24 hours.
- This deposit is noteworthy as it suggests that short-term holders may potentially sell even at a loss.
- As of the 2nd, BTC was trading at $115,658.19 on the Binance Tether (USDT) market, down 2.23% from the previous day.
On the 1st (local time), on-chain analyst Maartunn stated via X (formerly Twitter), "In the past 24 hours, short-term holders have deposited a total of 21,400 Bitcoin (BTC) to exchanges, bearing losses."
Meanwhile, as of 01:12 on the 2nd, BTC was trading at $115,658.19 on the Binance Tether (USDT) market, down 2.23% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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