Key Takeaways
- STH Loss to Binance hits 10,200 BTC, first time since March 27.
- SMA50 at $75,848 absorbed the drop, channel support intact.
- LTH Realized Cap 30D reaches $51.2B, second time above $50B since April 14.
- RSI at 45.29, signal at 57.37: momentum negative, structure holding.
What the on-chain data says the sellers were doing
CryptoQuant analyst Amr Taha reported that Short-Term Holder Loss to Binance exceeded 10,000 BTC for the first time since March 27, 2026, with the reading reaching 10,200 BTC. The metric measures coins sent to Binance while already in an unrealized loss position. It does not confirm those losses were realized at the exchange; analytically, it suggests the holders carrying them were positioning to sell rather than to hold through the drawdown. STH Profit to Binance registered only 906 BTC on the same reading, meaning the...


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