Short-term holders have sent 55,000 Bitcoin—worth approximately $4.6 billion at the time of writing—to exchanges at a loss within the past 24 hours, according to data shared via CryptoQuant.
Their apparent selling has occurred as the biggest cryptocurrency recovers slightly after dipping below $80,000 for the first time since early November, reversing the gains it made following Donald Trump’s election victory.
Today’s movements follow a period of several days in which short-term holders (STHs)—defined as addresses that have held Bitcoin for a period of fewer than 155 days—have repeatedly shifted large quantities of the cryptocurrency to trading platforms.
Wednesday saw as much as 80,000 BTC move to exchanges via STHs, while…
Apr 28 2025
