Analyst: Short-term Bitcoin holders dominate exchange inflows with losses, while the proportion of profitable periods drops to 16%
CryptoQuant analyst Axel Adler Jr. stated that the BTC transferred to exchanges by short-term Bitcoin holders is primarily at a loss, with the 24-hour net inflow metric dropping to -18,600 BTC, compared to a positive 10,400 BTC a week ago.
This metric fell to -23,100 BTC on October 26, then narrowed somewhat, but remains in negative territory.
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