Crypto Daily Scoop

Holders send 47K BTC to exchanges as Bitcoin hits 11-week low

Short-term Bitcoin holders have moved 47,000 BTC onto exchanges, reportedly incurring a loss.

CoinTelegraph

CryptoQuant reports that Bitcoin dipped to a low point of $72,670, which marked an 11-week trough, after the price dropped beneath the average cost basis held by these short-term investors, which sits near $75,700.

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