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Short-Term $BTC Addresses on the Move: What’s Next?
After failing to break through the $80,000 resistance, Bitcoin has turned toward lower targets, and on-chain data is now flashing a critical signal.
According to CryptoQuant data, there has been a massive spike in activity today from addresses holding Bitcoin for 1 week to 1 month (1w~1m). The sharp green surge on the chart indicates that these short-term holders are moving their coins.
Typically signaling preparation for liquidation, these transfers are expected to create near-term selling pressure and significantly increase market volatility. Caution is advised against further downward moves.
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