Bitcoin outlook bullish as whales, sharks buy retail sell-off: Santiment

According to Santiment, the recent sell-off in Bitcoin by retail investors has led to increased buying activity from large holders, known as whales and sharks. This shift in market dynamics suggests a bullish outlook for Bitcoin, as these significant players are accumulating more assets during the dip. The data indicates that while retail investors are selling, the larger entities are taking advantage of the lower prices. This trend could signal potential price recovery and upward momentum for Bitcoin in the near future.

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