Analyst: Short-term holders transferred 11,000 BTC to exchanges in the past 7 days, with selling pressure decreasing by 66% from the peak
Analyst Axel Adler posted on platform X that short-term holders (STH) of Bitcoin are still selling profitable Bitcoin through exchanges. In the past 7 days, the number of relevant Bitcoins transferred to exchanges by short-term holders was approximately 11,000, a decrease of about 66% from the previous peak of 32,000, indicating that selling pressure has eased.
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