CryptoQuant Analyst: 36,600 lost BTC transferred to exchanges

According to CryptoQuant analyst Darkfost, after Bitcoin tested $76,000 yesterday, short-term holders are under pressure, with over 36,600 BTC in a loss transferred to exchanges within 24 hours.

In addition, the 7-day cumulative transfer of BTC from short-term holders to Binance once reached 45,400 BTC, marking the highest level since October.

Darkfost believes that the increase in exchange inflows and the rise in the volume of lost BTC being transferred reflect the pressure faced by short-term holders recently; if the surrender behavior of this group intensifies, it may indicate that the pullback is approaching extremes, and short-term momentum may subsequently shift.