After Bitcoin broke through $97,000, short-term holders are taking profits on a large scale?

2026-01-15 10:52:10

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【Blockchain Rhythm】 Recently, Bitcoin surged sharply to above $97,000. The rally is quite strong. However, interestingly, short-term holders don’t seem to be as excited about this move.

Data shows that when Bitcoin broke through $97,000 yesterday, over 40,000 Bitcoins in profit were transferred to exchanges. This signal is quite clear — those with profits are starting to sell. Short-term holders clearly haven’t fully recovered from the previous correction; they seem to be waiting for more robust upward confirmation, needing to see more unrealized profit growth before feeling confident to hold. The current increase isn’t enough to rebuild their confidence, so they choose to take profits.

This reflects the cautious attitude of different market participants regarding the future — prices are rising, but confidence still needs to be strengthened.

BTC-0,92%

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