Santiment: Whale Sell-Offs and Retail Buying May Indicate the Correction Is Not Over
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On March 7, Santiment reported that after the price of bitcoin broke through $70,000 and reached $74,000, whales holding between 10 and 10,000 bitcoins have sold about 66% of their recent purchases, while retail investors holding less than 0.01 bitcoin have continued to increase their positions. Santiment stated that when retail investors are buying and whales are selling, it usually indicates that the market correction is not yet over.
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