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Bitcoin short-term holders' net profit/loss to exchanges turns negative for first time since August.

Technical Signals
31 Oct 2026, 10:24 WIB
Tokenpost
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Bearish
Bitcoin short-term holders' net profit/loss to exchanges turns negative for first time since August.

On October 30, the seven-day average net profit/loss (P/L) of Bitcoin short-term holders transferring coins to exchanges dropped to -3,022, marking the first negative reading since August 18. This metric, which tracks the net gains or losses of Bitcoin moved to exchanges by short-term holders, was previously +21,182 on October 24. A negative value indicates that these holders are experiencing losses on their transfers, though it does not necessarily mean they sold their coins. This shift may signal changing market sentiment among short-term Bitcoin investors.

Bitcoin short-term holder net profit/loss to exchanges recently turned negative, marking a shift from a positive reading of +21,182 on October 24 to -3,022 as of October 30. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 31, 2026 13:41 WIB: out of 50 major cryptocurrencies, 31 rose and 18 fell today. Notable gainers include YFI at Rp34,543,712 (+7.46%), COTI at Rp175 (+6.90%), and CRV at Rp5,251 (+6.34%), with YFI seeing a 100% buy order activity and a typical hold time of 94 days on Pluang.

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