During Bitcoin's surge past $97,000, over 40,000 profitable Bitcoin were transferred to CEX.

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On January 15, analyst Darkfost combined on-chain indicator information to state that despite Bitcoin’s short-term strong rebound and突破 97,000 USD, short-term holders (STH) seem to be more inclined to take profits. During Bitcoin’s突破 97,000 USD yesterday, over 40,000 Bitcoins in profit were sent to CEX. Darkfost stated that STHs are still evidently affected by recent corrections and seem to need more upward space and stronger confirmation to rebuild confidence and generate enough unrealized profits, thereby encouraging them to hold rather than sell.

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