How have long‐term holders’ sales of 400,000 BTC in November affected recent Bitcoin price movements?
Why is this the correct answer?
This is correct because when long-term holders sell large volumes—like 400,000 BTC—they add substantial supply to the market. Buyers may not absorb this supply immediately, driving price down. The sudden drop can trigger stop-loss orders and panic selling by shorter-term traders, further amplifying volatility. Beginners should understand that big sell-offs by holders with large positions can have outsized effects on price movements.
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