Bitcoin's price surged past $97,000, prompting short-term holders to move over 40,000 profitable BTC to centralized exchanges, according to analyst Darkfost. Despite the strong rebound, these holders seem eager to take profits, influenced by recent market corrections. Darkfost suggests that short-term holders require further price increases and stronger market confirmations to regain confidence and hold their positions longer.
Over 40,000 Profitable Bitcoin Transferred to Exchanges as Price Hits $97,000
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