Wow, look at what happened yesterday when BTC tried to break through $75K. According to data from CryptoQuant, short-term holders suddenly went into panic mode, sending more than 65,000 BTC to exchanges within 24 hours. Most of these transactions were take profits, about 61,000 BTC from positions that were already profitable.



What’s interesting is the pattern seen here. So every time the price goes up a little, someone immediately exits. No matter if they’re making a profit or a loss, these short-term holders are super sensitive to price movements. It seems they see every pump as an opportunity to exit, not an opportunity to hold longer.

BTC is now at $77.8K. This indicates that volatility is still high and sentiment among short-term holders remains easily changeable. Interesting to watch how this will develop further.
BTC-2.36%
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