#比特币2026年行情展望 Short-term holders start taking profits after the rebound

On-chain data signals: Investors who bought within the past 155 days are gradually transferring Bitcoin to exchanges. Data analysis shows that profit-taking deposits reached 41,800 coins in the past 24 hours, while loss-taking deposits were only 1,800 coins—clearly indicating that profitable investors are cashing out.

This explains the situation well. Short-term holders are usually the most susceptible to market sentiment—buying the dip and panicking during declines. Interestingly, even as some are fleeing this wave, $BTC's current price remains below the average cost basis of these investors ($99,412). In other words, overall, they are still underwater.

As for what this reveals about the market—short-term price movements definitely attract attention, but don’t let these daily fluctuations disrupt your rhythm. The real determinant of direction is those investors who can stay calm. The logic of long-term accumulation versus short-term cash-out is completely different. Clarifying which side you belong to is much more important than blindly following the trend.