Bitcoin Price Pullback: How Whales and Retail Investors Are Reacting
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Bitcoin's price has dropped over 50% from its all-time high to a multi-year low of $60,000. Despite some recovery, it remains significantly down year-to-date. Santiment's analysis shows different investor behaviors during this prolonged bearish phase.
Bitcoin’s price movements since early October can safely be categorized as bearish, given the fact that the asset shed over 50% of its value from its all-time high to its multi-year low of $60,000 marked on February 6.
Although it has recovered some ground since then, the cryptocurrency is deep in the red even on a year-to-date scale. Santiment investigated which investor group sold off during the months-long correction, and which increased their positions.
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Coins
$ 67.62K
-0.82%
$ 0.00252
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In This News
Coins
$ 67.62K
-0.82%$ 0.00252
Share:
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Bitcoin Price Pullback: How Whales and Retail Investors Are Reacting
Share:
Bitcoin's price has dropped over 50% from its all-time high to a multi-year low of $60,000. Despite some recovery, it remains significantly down year-to-date. Santiment's analysis shows different investor behaviors during this prolonged bearish phase.
Bitcoin’s price movements since early October can safely be categorized as bearish, given the fact that the asset shed over 50% of its value from its all-time high to its multi-year low of $60,000 marked on February 6.
Although it has recovered some ground since then, the cryptocurrency is deep in the red even on a year-to-date scale. Santiment investigated which investor group sold off during the months-long correction, and which increased their positions.
In This News
Coins
$ 67.62K
-0.82%$ 0.00252
Share:
In This News
Coins
$ 67.62K
-0.82%$ 0.00252
Share:
Read More
Bitcoin Whale Profit-Taking Sees 7th Surge Since 2024 — What To Expect