CryptoQuant: BTC Short-Term Holders Show Strongest Capitulation Signal of the Year According to CryptoQuant, Bitcoin short-term holders hav…
CryptoQuant: BTC Short-Term Holders Show Strongest Capitulation Signal of the Year
According to CryptoQuant, Bitcoin short-term holders have exhibited their strongest capitulation signal of the year. Over the past 24 hours, 53,800 BTC were transferred to exchanges at a loss, while profit-taking inflows dropped to zero, marking the most extreme loss-driven short-term holder transfer event so far this year. In addition, investors who accumulated BTC near the recent highs around $80,000 have been sending coins to exchanges and selling into weakness rather than continuing to hold.
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