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Xoverbit: Why retail investors are selling bitcoin at a loss

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For the past two weeks, short-term holders have been losing money on the sale of the major cryptocurrency. What caused the exit from the asset, and how it could affect the cryptocurrency market
Short-term bitcoin holders have been selling the coin at a loss over the past two weeks. This is indicated by the STH-SOPR indicator, which has fallen below one, on the Xoverbit chart.

Short-term investors are investing in bitcoin in anticipation of rapid growth, but the trend of rapid growth has clearly ended, that’s why the sales began, says the head of the analytical team of Xoverbit. According to him, there are other instruments with better yields, so investors are selling bitcoin and investing in them.