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Loss-making Bitcoin transfers hit 47,300 BTC as short-term holders capitulate amid price pullback.

Market News
12 Nov 2026, 04:15 WIB
Tokenpost
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Bearish
Loss-making Bitcoin transfers hit 47,300 BTC as short-term holders capitulate amid price pullback.

Short-term Bitcoin holders transferred 48,500 BTC to exchanges within 24 hours, with 47,300 BTC moved at a loss, marking a strong capitulation phase. This shift from profit-taking to losses signals increased selling pressure during Bitcoin's ongoing distribution phase that began in October, which caused a roughly 15% price decline. The recent loss-making transfers surpass previous figures of 36,600 BTC, indicating intensified market stress among short-term holders. This trend may foreshadow further volatility as holders adjust to the current market conditions.

Bitcoin short-term holders' recent activity is notable as of Nov 12, 2026 08:41 WIB. For readers following major cryptocurrencies, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Among notable movers, LUNC (Terra Classic) declined 3.11% to Rp0,688 with a typical hold time of 197 days and a Pluang order activity of 8% Sell / 92% Buy, EGLD (MultiversX) dropped 3.00% to Rp51.539 with 0% Sell / 100% Buy, and ZIL (Zilliqa) fell 2.99% to Rp28 with 15% Sell / 85% Buy. The most notable figure is the strong buying interest in EGLD at 100% buy orders on Pluang.

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