Foresight News reports, according to Reuters, Anthony Pompliano, founder and CEO of Professional Capital Management, pointed out in a letter to clients that long-term holders have sold $60 billion worth of Bitcoin in the past 30 days. Since the FTX collapse two years ago, which caused Bitcoin to drop to a low of $15,479, 21% of the Bitcoin sold by long-term holders occurred in November, marking "the largest profit-taking so far in this cycle."
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Data: Long-term holders have sold $60 billion worth of Bitcoin in the past 30 days
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