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More than 728 thousand bitcoins were sold in the last month: a 7-month record

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More than 728 thousand bitcoins were sold in the last month: a 7-month record

to stay On Google News Follow up.

Long-term Bitcoin investors took advantage of the biggest cryptocurrency’s sharp rise and sold nearly $67 billion worth of BTC. According to information provided by CryptoQuant, long-term investors sold more than 728 thousand bitcoins in the last month.

In an analysis of CryptoQuant’s X account, “this figure was the largest selloff seen since April. “In October, there was a reverse outlook and purchases of over 250,000 BTC were seen. “

As is known, the victory of Donald Trump in the US election at the beginning of November caused Bitcoin to experience a historic rally from $70,000 to $99,500.

The week began with a decline in the largest cryptocurrency. The price fell below $95,000 on Monday after MicroStrategy’s $5.4 billion bitcoin purchase. Yesterday, Donald Trump’s statement that he would impose tariffs on Canada, Mexico and China caused the largest cryptocurrency to decline.

It was published:

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