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Bitcoin Short-Term Holders Send BTC to Exchanges as They Slip Into Net Loss

Summary by Cointelegraph
Bitcoin short-term holders slip into aggregate loss for the first time since August as their exchange inflows in unrealized loss hit $47,000 over 24 hours.

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As Bitcoin slid below $73,000, expectations for the end of the year in the options market changed markedly in a week. On the technical side, while the bullish signal from September is erased, analysts are pointing to the next critical level.

Derive's options book has radically repriced the pre-year downside risk for Bitcoin within a week.

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Cointelegraph broke the news in New York, United States on Wednesday, November 11, 2026.
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