Bitcoin’s Wild Ride: 63K BTC Leaves Long-Term Wallets as Panic Spreads

But wait, there’s more! According to a shiny new report from CryptoOnchain via CryptoQuant, a staggering 63,000 BTC has recently vacated the cozy, long-term wallets of “HODLers” (those are the people who, presumably, laugh in the face of market fluctuations). These BTCs are now in the hands of short-term traders – or as we like to call them, the “I just learned about Bitcoin yesterday” crowd. A chart from CryptoOnchain shows a massive red bar, signaling that long-term holders are suddenly feeling the urge to cash out. So much for “HODLing” for life!







