Cointelegraph - Short-term Bitcoin holders panicked and sold over $2 billion in a single day as the price plummeted, hinting at waning investor confidence and potential market exhaustion

in blockchain •  last year 

https://cointelegraph.com/news/bitcoin-sodlers-dump-4b-two-days-btc-sales-18-month-high
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Bitcoin price dropped significantly, triggering panic selling among short-term holders who offloaded over $2 billion worth of BTC.

This reaction suggests speculators are losing confidence in the market outlook and reducing their exposure.

On-chain data indicates profit-taking and potential demand exhaustion as contributing factors to the bearish sentiment.

Beware of Bitcoin dump!!

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blockchain horror dump bitcoin billion price plummeted investor
last year by

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