đ 92% of Bitcoin Exchange Inflows from Short-Term Holders! đ
Recent data from Sep. 12 reveals that short-term holders are dominating Bitcoin's exchange inflows, with over 92% of inflows coming from addresses holding $BTC for less than three months. Whatâs even more interesting is that 83% of these inflows are from coins held for less than a week.
While there's been a slight uptick in long-term profit-taking, the majority of Bitcoin activity remains fueled by those chasing short-term opportunities.
With such high inflows from short-term holders, the market could be poised for some big moves ahead. Are we seeing a shift in momentum, or is this just another wave of quick trades? Stay tuned!
