Analysis: Short-term holders transferred 80,000 BTC to Binance in 7 days, equivalent to approximately $5 billion in selling pressure

PANews, June 22 – CryptoQuant analyst Darkfost noted that Bitcoin has fallen more than 28% since May, once again testing the $60,000 level, with the Fear and Greed Index dropping below 10. Short-term holders (STH) have been hit hardest during this correction and have reacted most intensely, with inflows to Binance exceeding 80,000 BTC over a 7-day period, equivalent to approximately $5 billion in selling pressure. This figure is second only to the historical record set in February (when inflows exceeded 100,000 BTC). Darkfost stated that short-term holders are highly sensitive to market fluctuations, and every swing tends to trigger emotional decision-making.

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Author: PA一线

This content is for market information only and is not investment advice.

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