# Spot Bitcoin Holders Sell at a Loss as Leveraged Traders Buy the Dip By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/55358 Published: 2026-11-12T12:15:05.000Z Updated: 2026-11-12T12:15:05.000Z Section: Investing > Short-term holders transferred 55,600 BTC to exchanges at a loss on Oct. 8, but the transfers did not establish that the coins were sold. Spot Bitcoin (BTC) holders are selling BTC at a loss while leveraged traders are buying the dip. The observation points to different activity in spot and leveraged trading. The earlier [Oct. 8 exchange transfers]() involved 55,600 BTC moved by short-term holders at a loss. Transfers to exchanges can precede sales, but do not establish that the coins were sold. ## Links in this article - [Oct. 8 exchange transfers](https://www.tokenpost.com/news/investing/29097)