Deep Tide TechFlow News, on November 27th, according to a report by Reuters, Professional Capital Management founder Anthony Pompliano cited data in a client letter released on Tuesday indicating that Bitcoin long-term holders have cashed out approximately $60 billion in the past 30 days.

Analysis points out that since Bitcoin hit a low of $15,479 during the FTX collapse, 21% of the supply changes among long-term holders occurred in November of this year, marking the largest scale profit-taking in this cycle.