Bitcoin Loss-Making Exchange Inflows From Short-Term Holders Fall 70%

Bitcoin (BTC) sent to exchanges at a loss by short-term holders fell about 70% from Nov. 6 to Nov. 9, a decline that may signal easing potential selling pressure. The decline came as Bitcoin’s price fell further. Loss-making transfers totaled 32,695 BTC on Nov. 6, about 89% of the cohort’s exchange inflows that day. By Nov. 9, the amount had dropped to about 9,900 BTC, a decline of roughly 69.7%. The lower figure did not mean short-term holders had returned to profit. Their seven-day average SOPR remained near 0.99, indicating the group was still selling in loss territory. Exchange-bound transfers show BTC moving to trading platforms, but do not establish that holders completed sales. The Nov.

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