Bitcoin Exchange Inflows From Short-Term Holders Rise, Fueling Selling Pressure Concerns

BitcoinWorld Bitcoin Exchange Inflows From Short-Term Holders Rise, Fueling Selling Pressure Concerns Bitcoin’s short-term holders have moved back into profit, but the amount of BTC they are sending to exchanges has also increased, raising concerns about potential selling pressure, according to on-chain analyst Axel Adler Jr.

In a recent analysis, Adler highlighted that the share of short-term holder supply in profit jumped to 74.9% from 26.1% on Aug. 17. Concurrently, short-term holder exchange inflows turned positive, reaching 28,600 BTC on Aug. 24, a sharp reversal from negative 18,700 BTC on Aug.

16. What the Data Shows Short-term holders are typically defined as entities that have held Bitcoin for less than 155 days. Their behavior is closely watched because they are more likely to sell during price rallies compared to long-term investors.

The recent uptick in exchange inflows suggests that some of these holders may be moving coins to trading platforms, potentially to lock in profits.