{"id":198540,"date":"2025-06-20T00:55:18","date_gmt":"2025-06-20T00:55:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/198540\/"},"modified":"2025-06-20T00:55:18","modified_gmt":"2025-06-20T00:55:18","slug":"short-term-bitcoin-holders-panic-sold-15k-btc-this-week","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/198540\/","title":{"rendered":"Short-term Bitcoin Holders Panic Sold 15K BTC This Week"},"content":{"rendered":"<p><strong>Key takeaways:<\/strong><\/p>\n<ul>\n<li>\n<p>Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. <\/p>\n<\/li>\n<li>\n<p>Onchain data suggests a Bitcoin price bottom in the $97,000\u2013$94,000 zone. <\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"noopener\">BTC<\/a>) is experiencing a relatively subdued week, as armed conflict between Israel and Iran and uncertainty ahead of the FOMC led investors and traders to stay sidelined. Despite the quiet markets, onchain data from <a href=\"https:\/\/cryptoquant.com\/community\/dashboard\/677e7f661001ca27359bcae8\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/cryptoquant.com\/community\/dashboard\/677e7f661001ca27359bcae8\">CryptoQuant<\/a> revealed a notable development, which saw over 15,000 BTC held by short-term holders (STHs) move at a loss this week.<\/p>\n<p><img decoding=\"async\" alt=\"Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/019788c9-b70b-7e2a-9e5b-1f042a9e0832.png\" title=\"\"\/>BTC Short-Term Holder Losses To Exchanges In 24 Hours. Source: CryptoQuant<\/p>\n<p>According to Glassnode data, 959 BTC were transferred to exchanges at a loss on Monday, which surged to 16,700 BTC by Wednesday and coincided with a drop in BTC\u2019s price to $103,500 from $106,500. This activity underscores a familiar behavioral pattern where STHs, often called \u201cweak hands,\u201d tend to panic-sell during price downturns, frequently realizing losses.<\/p>\n<p>This selling behavior represents heightened STH activity during market dips. When these weaker hands exit their positions, the coins often transition to long-term holders (LTHs), or \u201cstrong hands,\u201d contributing to market stabilization and a more resilient price base.<\/p>\n<p>Notably, the overall supply held by STHs has declined, especially following significant drawdowns. This gradual reduction in weak-hand selling pressure opens opportunities for accumulation and may indicate the emergence of a price floor.<\/p>\n<p><img decoding=\"async\" alt=\"Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/019788ca-ee22-7b96-a48c-9bcf509718e9.png\" title=\"\"\/>STH-LTH Net Position Change Comparison. Source: CryptoQuant<\/p>\n<p>Further insights can be drawn from the STH-LTH net position change chart, which shows aggressive selling by STHs over the past month. Notably, most of this selling has been absorbed by LTHs, a dynamic that likely plays a key role in maintaining BTC\u2019s price above the $100,000 mark.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/here-s-when-bitcoin-analysts-see-new-btc-price-volatility\" rel=\"noopener\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/here-s-when-bitcoin-analysts-see-new-btc-price-volatility\"><strong>Related: Here&#8217;s when Bitcoin analysts expect new BTC price volatility<\/strong><\/a><\/p>\n<p>Bitcoin in a \u201cblind spot,\u201d needs buyer demand<\/p>\n<p>Bitcoin is currently navigating a \u201cblind spot\u201d in the market, according to a <a href=\"https:\/\/x.com\/swissblock__\/status\/1935564084310835200\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/swissblock__\/status\/1935564084310835200\">data analysis<\/a> platform, Swissblock. Data reveals a persistent negative spot volume delta since June, signaling selling pressure despite a recent price rebound driven by low buying volume. While downside pressure is easing, this suggests an extension of the dip before a significant breakout, depending on renewed demand.\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/019788d0-4145-759d-94b3-20071ebe3ab6.jpeg\" title=\"\"\/>Bitcoin Spot Volume Delta. Source: Swissblock\/X<\/p>\n<p>Considering a short-term dip occurs before a rally, Bitcoin&#8217;s <a href=\"https:\/\/x.com\/AxelAdlerJr\/status\/1935588379711639835\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/AxelAdlerJr\/status\/1935588379711639835\">onchain cost-basis<\/a> for short-term holders outlines a support range between $97,000 and $94,000. This range could be the local bottom, sweeping key liquidation levels under $100,000 and re-testing a fair value gap (FVG) and daily order block between the aforementioned levels.\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"Cryptocurrencies, Bitcoin Price, Markets, Price Analysis, Market Analysis\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/019788cf-3be3-7352-bd61-d69807a0b36d.png\" title=\"\"\/>Bitcoin 1-day chart. Source: Cointelegraph\/TradingView<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-volume-metric-suggests-130k-135k-btc-will-happen-in-the-summer\" rel=\"noopener\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/bitcoin-volume-metric-suggests-130k-135k-btc-will-happen-in-the-summer\"><strong>Related:\u00a0Bitcoin volume metric suggests &#8216;$130K-$135K BTC will happen&#8217; in the summer<\/strong><\/a><\/p>\n<p class=\"post-content__disclaimer\" type=\"\">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n","protected":false},"excerpt":{"rendered":"Key takeaways: Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a&hellip;\n","protected":false},"author":2,"featured_media":198541,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,2441,16,15],"class_list":{"0":"post-198540","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114712970787537700","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/198540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=198540"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/198540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/198541"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=198540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=198540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=198540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}