CryptoQuant analyst tracks Bitcoin sellers as STH inflows persist

Bitcoin spent March trading mostly between $63,000 and $71,000 after a brief push to $75,000, and it was priced at $66,930 at press time. On-chain readings suggest the main sell-side flow is coming from short-term holders, while older cohorts are largely inactive. The analysis also notes that the market has held its range despite ongoing STH distribution, which historically often coincided with sharper pullbacks.