Data Shows Young Crypto Addresses Sold 36% of Their Holdings at a Loss in the Last Month
On-chain data shows that short-term holders sold off significant portions of their BTC holdings during the recent market crash.
According to data from IntoTheBlock, addresses holding BTC for less than a month decreased their supply as bitcoin slid by $10,000 in less than a week.These traders followed the price action of $BTC, and as the price started to fall, they sold at a loss pic.
