Analyst: Short-term holders accelerated loss selling at the beginning of August, with over 32,000 BTC flowing into exchanges
CryptoQuant analyst Darkfost posted on the X platform, stating that short-term holders (STH) transferred over 32,000 BTC to exchanges, and all these bitcoins were sold at a loss.
This event has become one of the largest short-term holder loss sell-off events in the past 30 days. It indicates that market chips are shifting from more confident long-term holders to short-term holders.
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