CryptoQuant: As BTC breaks through $75k, short-term holders sell over 65k coins

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Mars Finance reports that CryptoQuant analyst Darkfost tweeted that yesterday, when Bitcoin tested the $75,000 level, short-term holders (STHs) significantly increased their BTC transfers to exchanges, sending over 65,000 BTC within 24 hours. Among them, profit-taking dominated, with approximately 61,000 BTC sold for profit. Darkfost pointed out that currently, any price increase is seen as an exit opportunity, regardless of profitability. Short-term holders remain highly sensitive and quick to react to price fluctuations.

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