PANews reported on November 27 that according to The Block, according to CryptoQuant data, long-term Bitcoin holders have sold more than 728,000 Bitcoins in the past 30 days. CryptoQuant wrote in an X post: "This is the biggest sell-off since April." This also reversed the trend of large buyers absorbing Bitcoin in October, when the positive inflow of Bitcoin was close to 250,000.
According to TradingView data, Bitcoin’s market share, a measure of its share of the total cryptocurrency market capitalization, is currently around 58.78%, down from recent highs of over 60%.
