Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitcoin short-term holders panic sell as BTC hits 15-week lows

Bitcoin short-term holders panic sell as BTC hits 15-week lows

CointimeCointime2025/02/26 11:44
By:Cointime

Bitcoin (BTC) short-term holders transferred nearly 80,000 BTC to exchanges at a loss as BTC/USD reached its lowest point in 15 weeks. According to data from CryptoQuant, this marked the biggest loss-making sell-off of 2025. Short-term holders, who hold for up to 155 days, seemed to have panicked during the recent market downturn, sending 79,300 BTC ($7 billion) to exchange wallets in a single day. The drop in BTC/USD to around $86,000 on Feb. 25 triggered this massive sell-off, highlighting the uncertainty among newer market participants. Despite the panic selling, long-term holders have remained steady, providing support against further price declines.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!