BlockBeats News, June 20, Cointelegraph reported that CryptoQuant on-chain data showed that short-term Bitcoin holders transferred 15,000 BTC at a loss this week, increasing the likelihood that the price will fall below $100,000. 959 BTC were transferred to trading platforms in the red on Monday, surging to 16,700 on Wednesday, while the BTC price fell from $106,500 to $103,500 over the same period. This behavior reflects the tendency of short-term holders to panic sell when prices fall, often leading to losses. When these "paper hands" exit the market, their Bitcoin holdings are usually transferred to long-term holders, helping to stabilize the market and form a more solid bottom price. According to the STH-LTH net position change chart, the past month has been held in the short term