Short-Term Investors Moved 80,000 BTC to Binance, Is a Drop Expected? Here Are the Details
The sharp pullback in the crypto market in recent weeks has put significant pressure on investors, especially short-term Bitcoin holders. The sharp pullback in the cryptocurrency market in recent weeks has put significant pressure on short-term Bitcoin investors in particular. According to data shared by CryptoQuant analyst Darkfost, short-term investors have transferred over 80,000 BTC to Binance in the last seven days. At current prices, this represents approximately $5 billion in potential selling pressure.