Bitcoin short-term holders moved 549,300 BTC to exchanges between Aug. 19 and Sept. 10

Verifying
  • Axel Adler Jr. reported short-term holders transferred 549,300 BTC to exchanges.
  • Bitcoin rose about 21%, from $64,000 to $78,000, during the transfer period.
  • Bitcoin later peaked at $81,800 before a roughly 4.1% correction.
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