Bloomberg: Long-term holders have sold more than $45 billion of BTC in the past month, and the market has suffered a major setback
2025-11-05 12:25:46
Bitcoin fell as much as 7.4 percent on Tuesday, falling below the $100,000 mark for the first time since June, according to Bloomberg. Long-term bitcoin holders have dumped about 400,000 bitcoins in the past month, equivalent to about $45 billion in outflows, unbalancing the market. The decline has been driven largely by the ongoing sell-off in the cash market, which has focused on long-term holders who have opted to sell.
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