CryptoQuant: BTC sent to exchanges at a loss
Short-term holders sent 47,025 BTC to exchanges while it was worth less than they paid.
Bitcoin fell to an 11-week low of $72,670.
This is below these holders' average buying price of about $75,700.
About 27 BTC arrived at a loss for every 1 BTC at a profit.
Sending coins to exchanges usually means people may want to sell.
The headline says 47,300 BTC, while CryptoQuant's data says about 47,000. $BTC
$ETH
$BNB
#StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #CoreWeaveJumps10%On168%RevenueGrowth #BarclaysRaisesBlackRockBitcoinETFStake48% #CanNvidiaEarningsEaseMarketConcerns? #AnthropicDisclosesOver$10BNewComputeDeals
Short-term holders sent 47,025 BTC to exchanges while it was worth less than they paid.
Bitcoin fell to an 11-week low of $72,670.
This is below these holders' average buying price of about $75,700.
About 27 BTC arrived at a loss for every 1 BTC at a profit.
Sending coins to exchanges usually means people may want to sell.
The headline says 47,300 BTC, while CryptoQuant's data says about 47,000. $BTC
$ETH
$BNB
#StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #CoreWeaveJumps10%On168%RevenueGrowth #BarclaysRaisesBlackRockBitcoinETFStake48% #CanNvidiaEarningsEaseMarketConcerns? #AnthropicDisclosesOver$10BNewComputeDeals
