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Home News Santiment: The number of Bitcoin whale addresses has been consistently decreasing since the 11th, indicating significant retail selling

Santiment: The number of Bitcoin whale addresses has been consistently decreasing since the 11th, indicating significant retail selling

Santiment: The number of Bitcoin whale addresses has been consistently decreasing since the 11th, indicating significant retail selling

BlockBeats News, November 25th, Santiment released data pointing out that since November 11th, the number of wallets holding at least 100 bitcoins has increased by 0.47% (91 wallets). At the same time, the number of small wallets (especially those holding 0.1 bitcoin or less) has been decreasing.

Santiment stated that in the long run, retail investors’ selling usually has a positive impact on cryptocurrency prices.

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