Source: Coindesk.com
On Thursday, short-term holders sent over $2 billion worth of bitcoin to exchanges at a loss, the most since the yen carry trade unwind on Aug. 5. In the past three days, short-term holders sent more than $6 billion worth of bitcoin to exchanges at a profit, locking in gains as the month drew to a close.
Read More https://www.coindesk.com/markets/2024/11/01/bitcoins-drop-on-thursday-spurred-panic-sales-among-short-term-holders-van-straten/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten" appeared first here Coindesk.com.
Source: Coindesk.com