Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss
Summary
Bitcoin short-term holders (STHs), defined as those who purchased within the last 155 days, are selling at a loss amid increased market volatility linked to geopolitical tensions. Recent on-chain data indicates that STHs have transferred 14,700 BTC to exchanges for selling, reflecting a significant response to market changes, although this figure is lower than previous capitulation events. In contrast, profitable transfers from STHs are only 3,100 BTC, indicating minimal gains due to recent price declines. The STH Realized Price, which tracks the average acquisition cost for this group, shows that profit margins remain tight, with Bitcoin currently trading around $101,300, down over 5% in the past week.
