Bitcoin Short-Term Holders Send $3.6 Billion BTC

CryptoQuant data reveals roughly 47,300 BTC moved to exchanges at a loss over 24 hours, totaling about $3.6 billion at Bitcoin's current price of approximately $74,000. Analyst Amr Taha noted 46,060 BTC in loss-making deposits on November 10, following a 50,790 BTC spike on November 3. This selling pressure adds to concerns as the cryptocurrency falls toward the low-$70,000 range.