Just noticed something interesting on-chain - looks like short-term holders dumped over 27,000 BTC to exchanges in the last 24 hours. That's a pretty hefty amount, especially considering Bitcoin just had a little bounce. These are the guys who picked up their coins maybe a week or two ago, and now they're cashing out around 68k on average. The 27k transfer is honestly one of the biggest moves we've seen in a while from this cohort. Macro conditions are rough right now, and I think that's spooking a lot of newer holders. They're not really sticking around to see what happens - just taking the quick win and moving on. When you see 27,000 BTC hitting exchanges like that, it usually means people are getting nervous about holding. Could be worth watching to see if this selling pressure continues or if we stabilize.