Bitcoin short-term holders waste no time in sending coins to exchanges for mass profit-taking.
Bitcoin speculators have initiated mass profit-taking as BTC price gains take the market to three-month highs.
Data from onchain analytics platform Glassnode shows Bitcoin (BTC) short-term holders (STHs) cashing in on the price surge above $65,000.
Bitcoin investors who are relatively new to the market โ entities hodling a given amount of BTC for 155 days or less โ are busy sealing in profits at current levels.