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Santiment: Whales have sold about 66% of recent accumulation, while retail investors continue to buy at low levels

Summary: According to market reports, the crypto sentiment platform Santiment revealed that after Bitcoin reached $74,000, whale investors have sold about 66% of their recent accumulation, while retail investors continue to buy at low levels. The signal of 'whales selling, retail buying' has historically indicated that the correction is not yet complete. Currently, Bitcoin is trading ...

According to market reports, the crypto sentiment platform Santiment revealed that after Bitcoin reached $74,000, whale investors have sold about 66% of their recent accumulation, while retail investors continue to buy at low levels. The signal of 'whales selling, retail buying' has historically indicated that the correction is not yet complete. Currently, Bitcoin is trading around $67,984, with the fear and greed index dropping to 12 (extreme fear). At the same time, the US Bitcoin spot ETF saw a daily net outflow of $348.9 million, reaching a three-week high.

Analysts warn that if the price cannot hold the support range of $67,000–$68,000, it may further decline, but $60,000 is seen as a significant bottom support.

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