🚀🚀Easy Transaction from Long-Term Bitcoin Investors: They Sold 728,000 BTC 🚀🚀
According to CryptoQuant data, long-term Bitcoin investors have sold 728,000 BTC in the last 30 days. This amount is equivalent to approximately $67 billion at current prices.$BTC
"This is the highest sales level since April," CryptoQuant said in an X post. This move shows a reversal of the period in October when large buyers created an upward trend by making a positive entry of approximately 250,000 BTC.
Bitcoin price and market situation
These large sales occurred amid a large-scale rally in the cryptocurrency market. The Bitcoin price broke a new record by approaching $100,000, influenced by President-elect Donald Trump's statements supporting the blockchain sector.
Bitcoin's market dominance is currently at 51%. According to TradingView data, this rate recently peaked above 60%.
This situation indicates a remarkable period for both individual and institutional investors. The change in dynamics in the cryptocurrency market may trigger new regulations in investor strategies.
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