🔥Short-term holders are willing to let go with $BTC : 32.8K BTC pushed to exchanges at a loss

🔴In just the past 24 hours, the short-term holder group (STH — holding $BTC <155 days) transferred 32,800 BTC to trading exchanges at a loss, equivalent to about $2B based on the current price. This is the largest stop-loss event in the last 2 weeks (previously, ~50K BTC was sold at a loss when BTC broke below the $60K range).
🔴The average cost basis of the STH group is ~$69K , while the LTH group’s is still around ~$49.7K and has not yet been threatened.
🔴What’s important is that this sell-off happened during the rebound from $57.7K into the $64K area—early bottom-catchers have shifted to doubt and sold, waiting to buy lower.
🔴Meanwhile, BTC inflows into long-term accumulation wallets hit a record 181K BTC in a single day during the late-June rebound (double the 2022 record).
🔴The familiar cycle-bottom pattern: supply changes hands from weaker hands to diamond hands.