86% of Bitcoin’s sell-off driven by short-term retail traders
86% of Bitcoin's sell-off driven by short-term retail traders Andjela Radmilac · 10 hours ago · 2 minutes checked out High exchange inflows from day traders show short-term trading activity as the essential chauffeur behind Bitcoin's cost volatility. 2 minutes checked outUpgraded: Jan. 10, 2025 at 3:23 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of combined material which might consist of AI-generated material.As the brand-new year started, Bitcoin's rate chaos reached a significant crescendo on January 9. The day saw BTC oscillate extremely, releasing from $95,057 to a quick high of $95,346, just to drop to $90,707. Amidst this rough $4,640 trading variety, a striking pattern emerged: 86.53% of coins moved to exchanges were under a day old, signifying ext...