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Fast Take
Revenue Taking
After the SVB collapse in March, long-term holders (Blue) took probably the most revenue for over a yr.
Whereas short-term holders (purple) purchased the underside of the dip after which offloaded the Bitcoin (BTC) for income instantly — the identical occurred throughout Luna and FTX.
Loss Taking
After Bitcoin misplaced its $30,000 help, we’ve got seen an increase in loss-taking from short-term holders — promoting off over 40,000 BTC up to now seven days. This cohort purchased the native high.
On the identical time, we’ve got seen a slight capitulation from long-term holders — promoting off roughly 10,000 BTC up to now seven days.
The publish Bitcoin’s 30k plunge – short-term holders dump BTC, long-term holders unfazed appeared first on CryptoSlate.
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