Bitcoin Exchange Inflows Dominated by Short-Term Holders, Long-Term Holders See Profit Taking Opportunities

According to CryptoQuant data, short-term holders have been the primary contributors to Bitcoin exchange inflows over the past month. Data reveals that on September 12th, addresses holding Bitcoin for less than three months accounted for over 92% of total exchange inflows. Notably, over 83% of the exchange inflows originated from coins held for less than a week.

The inflow of funds held for over three months increased from 0.55% on September 11th to 7.59% on September 12th, suggesting that some long-term holders are starting to take profits. While short-term traders dominate inflows, the slight uptick in long-term selling reflects growing investor caution, potentially viewing the current price level as an opportunity to exit.