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Recent Shift in Bitcoin Holdings Indicates Market Weakness

Recent Shift in Bitcoin Holdings Indicates Market Weakness

Photo: Coinfomania

Bitcoin short-term holders sell at a loss for the first time in 72 days. This signals potential market weakness — here's what to watch. Bitcoin short-term holders sold at a loss for the first time in 72 days. Bitcoin is facing significant selling pressure as short-term holders have begun to send coins to exchanges at a loss for the first time in 72 days. This shift suggests that recent buyers are now underwater, prompting them to sell into market weakness. The trend, highlighted by @cryptoquant_com, could indicate a bearish sentiment as profit-taking phases come to an end.

Source: Coinfomania

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