Santiment: Whales have sold approximately 66% of their recent holdings, while retail investors continue to buy at low levels

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Mars Finance reports that according to market sources, the crypto sentiment platform Santiment indicates that after Bitcoin reached $74,000, whale investors have sold approximately 66% of their recent holdings, while retail investors continue to buy at low levels. The “whale sell, retail buy” signal has historically indicated that a correction is not yet complete. Currently, Bitcoin is priced at about $67,984, and the Fear and Greed Index has fallen to 12 (extreme fear). Meanwhile, the US Bitcoin spot ETF experienced a net outflow of $349 million in a single day, reaching a three-week high. Analysts warn that if the price cannot hold above the support zone of $67,000–$68,000, it may further decline, but $60,000 is seen as an important bottom support.

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