Bitcoin short-term holders waste no time in sending coins in profit to exchanges for a mass profit-taking event.
Bitcoin (BTC) 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 short-term holders (STHs) cashing in on the BTC price surge above $65,000.
Bitcoin investors who are relatively new to the market — entities hodling a given amount of BTC for 155 days or less — are busy sealing in profits at current levels.
