CryptoQuant contributor IT Tech says high-cost Bitcoin holders' exchange inflows have fallen to 4.4%

The story so far: Bitcoin holder selling pressure analysis

On-chain analysts have been tracking exchange inflows from Bitcoin holders during the recent decline. Murphy said short-term holders sent about 2,200 BTC an hour at the peak while long-term holders sent only about 480 BTC an hour. Darkfost now says short-term holders moved 19,800 BTC to exchanges in 24 hours…

1. 16 Oct 202603:29 UTC

   Murphy says long-term holders kept exchange inflows low during Bitcoin's fall

   On-chain analyst Murphy said short-term holders moved about 2,200 BTC an hour to exchanges during Bitcoin's recent decline, the fourth-highest level since August, while long-term holders sent only about 480 BTC an hour. He said the 15 Oct peak was below 8 Oct, suggesting weaker potential selling pressure from short-term holders.

   BitcoinOdailyAIBullish

2. 17 Oct 202601:54 UTC

   CryptoQuant contributor IT Tech says high-cost Bitcoin holders' exchange inflows have fallen to 4.4%

   IT Tech, a CryptoQuant contributor, said the share of recently moved BTC held for under a year has fallen to 4.4%, or 9,100 BTC, as of 15 Oct, down from 40.4% on 17 June. IT Tech said selling pressure from near-peak buyers has eased sharply, but added that fresh buying demand is still needed for a broader uptrend.

   BitcoinCoinNessAIBullish

3. 26 Oct 202618:25 UTC

   Darkfost says short-term holder BTC exchange inflows stay limited despite dip below $80,000

   Crypto analyst Darkfost said short-term holders moved 19,800 BTC to exchanges in 24 hours, including 11,300 BTC at a profit and 8,500 BTC at a loss, as Bitcoin fell below $80,000. Inflows were not excessive versus recent months and have stabilised apart from a surge on 8 Oct, Darkfost said.

   BitcoinCoinNessAINeutral