Darkfrost: Bitcoin short-term holders panic rises, loss making selling pressure hits new high in nearly 4 months

Analyst Darkfost stated that short-term holders of Bitcoin have experienced panic and have transferred over 50000 BTC to the exchange in the past 24 hours, of which 29500 BTC were transferred at a loss, accounting for about 59% of the total inflow and reaching a new high in nearly 4 months. Currently, BTC prices are around $82000 and are retesting the top high zone formed in May this year.