Short-term holders send 27,000 BTC to exchanges in 24 hours, cap rebound

Short‑term holders sold into the bounce. They sent 27,000 BTC to exchanges.

Bitcoin recovered, but supply rose. CryptoQuant’s Darkfost said STHs moved more than 27,000 BTC in profit to exchanges in 24 hours. Source.

He called STHs “reactive.” He noted they prefer quick profits. Comment.

Profits sit with the newest buyers. The cohort that bought 1–4 weeks ago can realize gains around a ~$68,000 cost basis. Analysis.

This adds near‑term supply. Darkfost warned it is pressure to monitor. Source.

A second pattern persists. Deviations above range highs keep getting sold. Maartunn flagged three recent instances.

The latest pop stalled near $71,000, then faded. He said late longs risk a trap. Price action.