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Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten

As bitcoin approached $100,000 we saw record notional profit-taking, however, as bitcoin dropped to almost $90,000 we are seeing record notional loss-taking.

BTC: Short Term Holders in Loss to Exchanges (Glassnode)
BTC: Short Term Holders in Loss to Exchanges (Glassnode)