Bitcoin short-term holders send 47K BTC to exchanges at a loss
Bitcoin fell to an 11-week low of $72,670 after slipping below short-term holders’ average cost basis of about $75,700, according to CryptoQuant.
Archive context
Fresh in the current trading session. A tracked entity is involved.
Bitcoin fell to an 11-week low of $72,670 after slipping below short-term holders’ average cost basis of about $75,700, according to CryptoQuant.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CointelegraphRelated market context
US Inflation Data Shakes Crypto Market as Bitcoin Breaks Below $73K Support
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial...
Bitmine Says Its Controls Are Still Not Effective as ETH Ended the Year $5.4 Billion Below Cost
Bitmine Immersion Technologies (BMNR), the ether treasury company chaired by Tom Lee, told investors its internal controls over fi...
Trump Media (DJT) Pledges 73% of Its Bitcoin to an Options Program as $1 Billion Note Deadline Nears
Bitcoin Magazine Trump Media (DJT) Pledges 73% of Its Bitcoin to an Options Program as $1 Billion Note Deadline Nears Trump Media...
96% of older Bitcoin being sent to exchanges is now underwater
November 10 below-cost deposits fell 29.22% from the prior day but still accounted for about 96% of the cohort's exchange inflows....
Bitcoin Falls Below $73,000 to Fresh 10-Week Low
The Coinbase low undercut Sunday's trough by nearly 1%; Kraken also recorded a sub-$73,000 print.... Read the full story at The De...
Solana Hits Four-Week Low as Losses Outpace Bitcoin
SOL has lost 22.9% in 28 days, while Solana ETF trackers recorded fresh withdrawals on Nov. 6 and Nov. 9.... Read the full story a...