Citing Cryptonewsland, Bitcoin short-term holder (STH) loss transfers surged to 68,500 BTC in a 24-hour period, marking a new high and signaling increased selling pressure. The data shows a growing trend of loss-driven selling from newer market participants, with similar spikes recorded on November 14 and 18. The price of BTC also declined during this period, aligning with the increased capitulation behavior among short-term holders.
BTC STH Loss Transfers Hit 68.5K as Selling Pressure Intensifies
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