Bitcoin Drops Under $66,000 as Short-Term Holder Losses Match February Stress

Bitcoin has slipped below $66,000, with the selloff testing support areas last seen near the start of this year's recovery. On June 2, CryptoQuant data showed the "STH Loss to Binance" metric at -16,400 BTC, the most negative reading since February 6, pointing to short-term holders exiting at a loss. The report also flagged broader exchange outflows and a key demand zone near $64,500–$66,500 as traders watch whether BTC can stabilize.