Bitcoin’s Short-Term Holders Sell $2.4 Billion as Prices Dip Below $95,000: What It Means for the Market
On January 8, Bitcoin’s price fell sharply below $95,000, reversing earlier gains when it briefly exceeded $100,000. A significant factor in this drop was the sell-off by short-term holders—those who have held Bitcoin for less than 155 days. Over 26,000 BTC, worth more than $2.4 billion, were moved to exchanges, often at a loss. This ...