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STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022 STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022

STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022

Data via Glassnode

Long-term holders capitalize on Bitcoin's bull run, sending $1.5 billion in profits to exchanges, marking a near three-year high.