Back to all news
Bitcoin

Bitcoin short-term holders send 47K BTC to exchanges at a loss

Cointelegraph·November 11, 2026·1 min read
Bitcoin short-term holders send 47K BTC to exchanges at a loss

Bitcoin fell to an 11-week low of $72,670 after slipping below short-term holders' average cost basis of about $75,700, according to CryptoQuant. This triggered 47,000 BTC sent to exchanges at a loss, signaling potential selling pressure as these holders capitulate.

Read at Cointelegraph
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store