🚀 Bitcoin Hits Three-Month Highs! 🚀

Bitcoin (BTC) speculators are cashing in as BTC prices soar past $65,000, reaching levels not seen in three months. Data from Glassnode reveals that short-term holders (STHs) — those holding BTC for 155 days or less — are locking in profits.

📈 Key Highlights:

- On Oct. 14, STHs sent 7,127 BTC (~$480M) to Binance, the largest inflow since March.

- STHs show a profit dominance with a Profit/Loss Ratio of 1.2, indicating a positive shift in sentiment.

- Despite declining demand, supply is also tightening, hinting at potential future volatility.

What are your thoughts on Bitcoin's latest rally? Comment below! 💬