Bitcoin’s short-term holders have been selling BTC at a loss. Here’s what transpired the last time this happened…price remained in a consolidation phase, short-term holders sold a substantial amount of BTC on exchanges at a loss. The sudden sell-off might actually turn out to be good news for BTC though, as it can help initiate a bull rally in the coming days.an interesting development regarding short-term holders. As per the tweet, from 19 March to 4 April, STHs sold 106.
However, it must also be noted that the amount of BTCs sold by STHs in January accounted for almost three times more than what they sold in between March and April.
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