Analyst Axel Adler said in a post on X that Bitcoin short-term holders, or STH, are still selling BTC at a profit through exchanges. Over the past seven days, this group transferred about 11,000 BTC to exchanges. That figure was down about 66% from an earlier peak of 32,000 BTC. Adler said the change points to easing selling pressure from short-term holders. The update focuses on exchange inflows tied to profitable coins and suggests that, while distribution has not stopped, the pace has slowed from the previous high. The figures cited in the post were limited to the past week and the earlier peak level mentioned by Adler.
Analyst Axel Adler said in a post on X that Bitcoin short-term holders (STH) are still selling BTC at a profit through exchanges.
He said about 11,000 BTC linked to short-term holders was transferred to exchanges over the past seven days, down about 66% from a previous peak of 32,000 BTC. The figures indicate that selling pressure has eased.
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