Data: Long-term holders have sold $60 billion worth of Bitcoin in the past 30 days

2024-11-27 20:17:48 2 hours ago CoinRank

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CoinRank News: Anthony Pompliano, founder and CEO of Professional Capital Management, noted in a letter to clients on Tuesday that long-term holders have sold $60 billion worth of Bitcoin in the past 30 days. Since the FTX crash caused Bitcoin to bottom at $15,479 two years ago, 21% of the Bitcoin sold by long-term holders occurred in November, which is said to be the heaviest profit-taking so far in this cycle. (Reuters)

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