on-chain movement

Bitcoin short-term holders send 47K BTC to exchanges at a loss

46Importance
updatingStatus
2News media
Published

Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset

Bitcoin rose 0.1% in the 4 hours after the first headline, after rising 0.5% in the 2 hours before.

$73,945 price at the headline
+0.5% 2 h before
+0.1% 4 h after
+0.1% 1 h after (so far)
First headline

25 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 11 11:05
+16 min
Nov 11 11:21
Coinpedia context
Its angle: increasingly, concerningly, capitulation