Over 27,000 BTC have been moved to exchanges by short-term holders (STHs) in the past 24 hours, according to CryptoQuant analyst Darkfost. This activity comes despite a slight rebound in Bitcoin prices, indicating that STHs are opting to take profits quickly. The transferred Bitcoin represents one of the highest levels of such activity in recent months. These STHs, who accumulated their positions between one week and one month ago, are realizing profits at an average price of approximately $68,000. The current negative macroeconomic outlook and news flow contribute to this selling pressure, as STHs remain hesitant to hold their positions long-term.