Glassnode: BTC short-term holders sold BTC at a loss in the past two days

Glassnode data shows that the group of short-term Bitcoin holders has purchased about 100,000 Bitcoins since September 19. As of September 27, the price of Bitcoin soared to over $66,000, and as the price rose, short-term holders began to buy heavily. But as the price began to fall, they began to sell their holdings. In the past two days, short-term holders sent about 64,000 Bitcoins worth $4 billion to exchanges. About $3 billion of this was sent at a loss. On the other hand, long-term holders seem to remain calm. In the same time period, they, as a group, only sent 100 Bitcoins to exchanges at a loss.