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Bitcoin Short-Term Holders Send $3.6 Billion in BTC to Exchanges at a Loss

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Decrypt
By Jose Antonio Lanz
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Bitcoin Short-Term Holders Send $3.6 Billion in BTC to Exchanges at a Loss
Photo / Coverage: DecryptCredit: Jose Antonio Lanz
EXECUTIVE SUMMARY

Recent buyers are moving billions in Bitcoin to exchanges below their purchase prices, while Binance sees sharp inflows from recently moved coins.

Key Takeaways

  • Bitcoin Short-Term Holders Send $3.6 Billion in BTC to Exchanges at a Loss.
  • Recent buyers are moving billions in Bitcoin to exchanges below their purchase prices, while Binance sees sharp inflows from recently moved coins.
  • Recent buyers are moving billions in Bitcoin to exchanges below their purchase prices, while Binance sees sharp inflows from recently moved coins.

Recent buyers are moving billions in Bitcoin to exchanges below their purchase prices, while Binance sees sharp inflows from recently moved coins.

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Published originally on Decrypt

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OTHER MEDIA SOURCES COVERING THIS STORY
5 Publishers Reporting
Cointelegraph
Bitcoin short-term holders send 47K BTC to exchanges at a loss
TradingView
Bitcoin short-term holders send 47K BTC to exchanges at a loss
KuCoin
Bitcoin short-term holders send 47,025 BTC to exchanges at a loss
Cryptonews.net
Bitcoin short-term holders send 47K BTC to exchanges at a loss

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