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Bitcoin short-term holders moved 11,000 BTC to exchanges, easing selling pressure after a 66% drop from peak transfers.

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin short-term holders moved 11,000 BTC to exchanges, easing selling pressure after a 66% drop from peak transfers.

Short-term Bitcoin holders transferred about 11,000 BTC to exchanges over the past week, significantly lower than the previous peak of around 32,000 BTC. This transfer activity indicates ongoing profit-taking but suggests reduced selling pressure in the market. While these figures show Bitcoin moved to exchanges, it does not confirm that all transferred coins were sold. The decline in transfer volume points to a potential stabilization in Bitcoin selling behavior among short-term holders.

Bitcoin short-term holders transferring about 11,000 BTC to exchanges provides context for market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 09, 2026 19:21 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Notable movers include BAT at Rp1.999 with a 9.32% gain and 97% sell order activity, EOS at Rp12.649 up 8.13%, and DOT at Rp21.096 up 7.03% with 75% buy order activity.

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