Profit-taking selling pressure from Bitcoin short-term holders has eased, with selling volume dropping to 11,000 BTC, a 66% decrease from its peak.

According to on-chain data, short-term Bitcoin holders (STHs) are still selling their profitable BTC via trading platforms. Over the past seven days, the total volume of such sell orders stood at around 11,000 BTC, down roughly 66% from the previous peak of 32,000 BTC, indicating that selling pressure from short-term holders has eased significantly.

@tonmelonfest