Analyst: Bitcoin short-term holder losses dominate exchange inflows as the ratio of profitable periods drops to 16%
CryptoQuant analyst Axel Adler Jr. noted that the BTC transferred from Bitcoin short-term holders to exchanges is primarily being sold at a loss, with the 24-hour net inflow metric dropping to -18,600 BTC, down from a positive 10,400 BTC a week ago. The metric briefly dipped to -23,100 BTC on October 26 before narrowing somewhat, yet it remains in negative territory.
