63,000 BTC Shift from Long-Term to Short-Term Holders as Bitcoin Holds Below $90,000
Bitcoin continues trading below $90,000 as 63,000 BTC moved from long-term holder wallets to short-term holders, data show. The transfer reflects a shift in investor behavior, with experienced holders distributing supply while newer participants absorb coins at elevated price levels. Market observers note heightened caution as the asset tests key technical support levels.