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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/long-term-investors-sell-bitcoin-as-prices-drop" data-wpel-link="internal" rel="noopener noreferrer nofollow">Long-Term Investors Sell Bitcoin as Prices Drop</a><br></p>
<p style="text-align: justify">Recent reports reveal that long-term <a href="https://en.bitcoinhaber.net/bitcoins-price-surge-analysis-and-projections" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/bitcoin-remains-below-60000" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) holders are offloading significant portions of their assets as prices have declined to $91,500. Notably, on-chain specialist Checkmate highlights this period as one of the most intense for profit-taking observed in the ongoing market cycle.</p>
<h2 id="what-are-the-figures-behind-recent-sales">What Are the Figures Behind Recent Sales?</h2>
<p style="text-align: justify">According to Checkmate, long-term holders have contributed about $60 billion worth of BTC into the market within the last month. Since the collapse of FTX, he noted that November has seen 21% of total supply from long-term holders being sold off.</p>
<blockquote>
 <p>“Long-term Bitcoin investors distributed $60 billion worth of supply in the last 30 days. We are experiencing the most intense profit-taking period in the current cycle.”</p>
</blockquote>
<h2 id="is-bitcoin-still-a-safe-investment">Is Bitcoin Still a Safe Investment?</h2>
<p style="text-align: justify">In spite of the current sell-off, Checkmate maintains that Bitcoin’s status as a store of value is gaining traction, comparing it to gold. He believes that as more investors grasp its potential, Bitcoin will increasingly be seen as a legitimate asset class.</p>
<blockquote>
 <p>“I believe Bitcoin is special and plays a significant role in portfolios. We see more and smarter investors understanding the system, and Bitcoin competing with gold.”</p>
</blockquote>
<p style="text-align: justify">As Bitcoin hovers around $94,700, market participants are critically analyzing how these recent sales may affect future price shifts. This phase of substantial profit realization may lead to a reassessment of investment strategies among long-term holders.</p>
<ul>
 <li>Long-term holders have sold $60 billion worth of Bitcoin in 30 days.</li>
 <li>21% of the supply under long-term holders has been sold in November alone.</li>
 <li>Bitcoin’s growing reputation as a store of value is being recognized by more investors.</li>
 <li>Market fluctuations are prompting reevaluation of investment strategies.</li>
</ul>
<p style="text-align: justify">The ongoing sell-off may impact not only the short-term price action but also the long-term perception of Bitcoin as an asset class, especially in the context of economic stability.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/long-term-investors-sell-bitcoin-as-prices-drop" data-wpel-link="internal" rel="noopener noreferrer nofollow">Long-Term Investors Sell Bitcoin as Prices Drop</a></h5>

Long-Term Investors Sell Bitcoin as Prices Drop

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