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According to Golden Finance, on January 10th and 11th, the trading dynamics of Bitcoin ETFs revealed the behavior trend of short-term holders (STH). Short-term investors holding Bitcoin for less than 155 days transferred a total of $6.1 billion to exchanges on these two days, marking the highest record since May 2021. It is noted that a significant portion of these transfers, particularly the $2 billion on January 10th and the record-breaking $2.263 billion on January 11th, was achieved by sending profits to exchanges. This trend highlights that short-term holders are employing specific investment strategies, leading to substantial profits from the digital asset market. |
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Post time 25-1-2024 20:33:00