Trump suddenly announces heavy news! The reason for Bitcoin's sharp correction to 90,800 has been found, a large number of whales have awakened...

On Wednesday (November 27), Bitcoin sharply corrected to around $92,300. On-chain data from the institution CryptoQuant found that long-term Bitcoin holders sold more than 728,000 Bitcoins in the past 30 days. This sell-off represents a reversal of the whales buying hundreds of thousands of Bitcoins in October. Insider sources revealed that President-elect Donald Trump may transfer cryptocurrency regulatory authority to the Commodity Futures Trading Commission (CFTC), weakening the functions of the Securities and Exchange Commission (SEC).

This significant sell-off coincides with a comprehensive rebound in the cryptocurrency market; previously, Trump was elected president and strongly supported the blockchain industry during his campaign. Particularly, the price of Bitcoin soared, reaching an all-time high, just a few dollars short of $100,000.

TradingView data shows that Bitcoin's dominance (Bitcoin Dominance, measuring its share in the total cryptocurrency market cap) is currently around 58%, down from recent highs of over 60%. #币安HODLerTHE #比特币盘整分析 #NOT市场动态 #比特币关键区间 #GameFi板块信号 $BTC $ETH $SOL