Short term holders transfer 80000 BTC, approximately $5 billion, to Binance within 7 days

CryptoQuant analyst Darkfost pointed out that Bitcoin has fallen more than 28% since May, testing the $60000 mark again, and the Fear and Greed Index has fallen below 10. Short term holders reacted strongly during the adjustment, transferring over 80000 BTC to Binance within 7 days, equivalent to approximately $5 billion in selling pressure, second only to the historical record of over 100000 BTC in February. Darkfost stated that short-term holders are highly sensitive to market fluctuations and are prone to making emotional decisions.