Deep Tide TechFlow News: On March 15, according to Cointlegraph reporting, Santiment on-chain data shows that wallets holding 10-10,000 BTC control 68.17% of Bitcoin's total supply (up from 68.07% seven days ago), indicating recent accumulation rebound and being regarded as a "positive reversal" and bullish signal. A week prior (approximately March 6), whales sold approximately 66% of their positions when the price broke through $74,000. Small wallets (<0.01 BTC) continue to accumulate, particularly buying when the price fell below $70,000. Santiment warns that the combination of "retail buying + whale selling" has historically often signaled that corrections are not yet complete.

BTC1.14%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes