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Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten

Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.

By James Van Straten|Edited by Sheldon Reback

Updated Nov 1, 2024, 4:43 p.m. Published Nov 1, 2024, 11:23 a.m.

BTC: Transfer Volume from STHs in Loss to Exchanges (Glassnode)