Bitcoin's calm is about to shatter with speculators moving 170K BTC, warns CryptoQuant. This mass movement from short-term holders heralds imminent volatility.
CryptoQuant notes 170,000 BTC owned by those who bought them 3-6 months ago are now in circulation. Such activity, the largest since 2021, often signals significant price shifts, either up or down.
Speculators, known for rapid selling, intensifying volatility. This market shake-up is a "classic shakeout," suggesting panic among short-term holders while long-term commitment stays strong.
Investors, tighten your straps. Volatility awaits!