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Short-Term Holders Move 28,690 Profitable BTC to Exchanges in 24 Hours

Short-term Bitcoin holders transferred 28,690 BTC in profit to exchanges over the past 24 hours, analyst Darkfost said on November 5, as BTC broke above $80,000. Despite the profit-taking, Bitcoin closed the day above $80,000 and held above its 21-day and 50-day exponential moving averages, a positive short-term technical signal.

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