Bitcoin short-term holders' profit-taking pressure weakens, with sell-off volume dropping to 11,000 BTC, down 66% from its peak.

October 9th, according to on-chain data, current Bitcoin short-term holders (STHs) are still selling profitable BTC through trading platforms. Over the past 7 days, the related sell volume totaled approximately 11,000 BTC, a decrease of about 66% from the previous peak of 32,000 BTC, indicating a significant weakening of selling pressure from short-term holders.