BTC short-term holders deposit $5B in BTC to Binance

On-chain analyst Darkfost reported that BTC short-term holders have deposited a cumulative 80,000 BTC, worth $5 billion, to Binance over the past seven days. He noted that this volume is still small compared to February, when over 100,000 BTC was sent to exchanges as Bitcoin tested the $60,000 level, creating stronger selling pressure. Darkfost added that short-term holders have so far been highly sensitive to market volatility, showing a tendency to trade emotionally whenever it increases.