Glassnode data shows that in the past two days, short-term holders, or those who have held Bitcoin for less than 155 days, have sent a value of 83,000 BTC (approximately $7.8 billion) to CEX at a loss price. This is the highest number ever recorded, and analysts believe that when this group tends to send tokens worth $2 billion or more to trading platforms, it usually marks a short-term bottom in the market. Currently, the trading price of Bitcoin is only down 7% from its historical peak, and investors who bought in the past week are the only entities that will incur losses. (Coindesk)