Santiment: Whale Buying and Retail Selling Signal Bull Market Setup

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Whale trading activity increased on January 10 as addresses holding 10-10,000 BTC added 32,693 BTC, increasing their holdings by 0.24%. At the same time, retail investors with less than 0.01 BTC sold 149 BTC, reducing their total holdings by 0.30%. Santiment described this as a bullish setup, with institutional buyers entering the market while retail traders are exiting. The shift in support and resistance levels may indicate a larger market reversal.

BlockBeats news: On January 15, market research firm Santiment posted on social media stating that since January 10, "whale" and "shark" addresses holding between 10,000 and 100,000 BTC have accumulated 32,693 BTC, representing a 0.24% increase in their total holdings.


Since January 10th, "shrimp" addresses holding less than 0.01 Bitcoin have cumulatively sold 149 BTC, resulting in a 0.30% decrease in their total holdings.


This set of data sends a signal: smart money is continuously buying in, while small retail funds are choosing to exit. This is the ideal setup for the start of a bull market. How long this trend can last depends on how long individual investors remain skeptical about the initial upward movement currently forming. At present, the "extremely bullish" green zone is still ongoing.

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