Short-Term Holders are feeling the pressure.

Data from CryptoQuant shows consistent spikes in 24H losses being sent to exchanges — a clear sign of panic-driven distribution. Each deep red wave has aligned with sharp Bitcoin drawdowns, confirming that weaker hands are exiting into volatility.

When short-term holders capitulate, two things usually follow: • Liquidity floods exchanges
• Volatility expands
• Strong hands quietly absorb

The real question isn’t whether fear is here — it’s who’s accumulating during it.

Capitulation creates opportunity.

#btc