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Don't remind me again today

Since dropping from the high point of 126K, short-term players have clearly started to panic.



On-chain data shows that nearly 60,000 BTC are being transferred to exchanges while in a state of loss—this number may continue to rise by tomorrow. The signal behind this transfer action is very clear: those short-term holders pursuing quick trades are losing patience and preparing to cut losses and exit.

If most of this batch of BTC is sold off, the market will face a selling pressure impact of about 6 billion USD in a single day. The panic sentiment of short-term holders is often a precursor to increased market volatility.
BTC-1.71%
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GasFeeNightmarevip
· 11-15 13:49
The short-term traders are really panicking this time, with 60,000 BTC entering the exchange. Do we have to keep running tomorrow? This is the feeling of escaping the peak; getting dumped with 6 billion USD must hurt a lot. A 126K pullback is normal, but the problem is they can't hold on. Another round of Cut Loss show, it's hard to watch. Wait a minute, if this batch of BTC really gets dumped, what will happen to our position? That's how the short-term holders are; the nature of suckers doesn't change. What are we panicking for? Just wait a little longer at the bottom; after all, I have spare cash.
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