Bitcoin’s slide reveals short-term investors transferring $1 billion in losses

exchange68September 12, 2024

0 0 2 minutes read

Bitcoin’s recent dip has shone a light on the maneuvers of short-term holders. A deep dive into transaction data has uncovered a billion-dollar move at a loss—a telling sign of market sentiment. This ranks as a significant event, eclipsed only by a few historical profit-taking instances. But just how significant is this compared to past behaviors, and what could this mean for Bitcoin’s future? Discover the full analysis inside Alpha.

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