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via Cointelegraph · By Cointelegraph Staff
Bitcoin Short-Term Holders Panic-Sell $770M BTC as Bears Eye $65K
BTC
BTC/USDT
$79,955.61
+0.29%
$79,955.61
+0.29%
(24s)24h Volume
$7,099,849,729.08
24h H/L
$80,200.00 / $79,545.96
Change: $654.04 (0.82%)
Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate
+0.0017%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:19 PM UTC)
1 min read
Bitcoin (BTC) price dropped to $76,500 on Monday, erasing nearly all of this month’s gains as fresh US-Iran war tensions soured the crypto market sentiment. This has led investors and traders to reevaluate their risks and stay cautious, with many recent buyers selling their BTC at a loss.
Key takeaways:
- Bitcoin short-term holders sold over 10,000 BTC worth approximately $770 million at a loss on…
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