Short-term Bitcoin holders lost 47,300 BTC within 24 hours.

CryptoQuant analyst Darkfost stated that since October, Bitcoin has undergone a distribution phase and a pullback of approximately 15%. Currently, losses dominate the market, with short-term holders sending 48,500 BTC to exchanges in the past 24 hours, of which 47,300 are at a loss, representing one of the strongest short-term capitulation behaviors in recent months.