Analyst: Short term holders of Bitcoin tend to take profits and have transferred over 27000 BTC to trading platforms in the past 24 hours According to BlockBeats, on March 6th, CryptoQuant analyst Darkfost wrote that "despite a slight rebound in Bitcoin, short-term holders (STH) do not seem to believe and are more inclined to take quick profits. In the past 24 hours, STH has transferred over 27000 BTC to the trading platform, which is at a high level in recent months. The only STH that can currently generate profits is investors who accumulated positions one week to one month ago, with a realized price of approximately $68000. The current news flow and macroeconomic expectations are still biased towards negative in the short term, so this behavior is understandable and relatively rational to a certain extent. At present, this constitutes a selling pressure signal worth paying attention to, as STH seems not yet prepared to hold long-term positions