Analyst: Short-term holders sold 17,800 BTC in 24 hours, US-Iran conflict heightens market vigilance


 according to Cryptoquant analyst Axel Adler Jr's monitoring, in the past 24 hours, a total of 17,800 bitcoins were sold by short-term holders on centralized exchanges, with 14,700 bitcoins sold at a loss and 3,100 bitcoins sold at a profit, resulting in a net sales volume of 11,600 bitcoins.The drop in bitcoin price occurred against the backdrop of the weekend attack by the United States on three nuclear facilities in Iran, with the United States joining the ongoing conflict between Israel and Iran. Due to the possibility of a response from Tehran, including threats to American personnel in the Middle East or potential closure of the Strait of Hormuz, the market is currently in a state of high alert.