According to on-chain data cited by crypto.news, short-term Bitcoin holders transferred more than 32,000 BTC to exchanges at a realized loss on August 3, marking the largest such movement by that investor cohort in the past 30 days. The transfer signaled significant market capitulation among recent buyers forced to lock in losses.
Bitcoin recovered into the $63,000–$64,000 range during the first week of August, while spot Bitcoin ETFs attracted $170.1 million in net inflows on August 3 following approximately $265.4 million in outflows on July 31, suggesting partial stabilization in institutional demand.