Santiment: Large investors sold at higher prices while retail investors bought in, suggesting the Bitcoin price correction may not have bottomed out yet.

According to a Cointelegraph report citing Santiment data, Bitcoin's recent pullback may not be over yet, exhibiting a bearish signal of "retail buying and large selling." Santiment points out that after Bitcoin's price hit a local high of $74,000, key stakeholders (whales) holding 10 to 10,000 BTC began taking profits, selling approximately 66% of their recent holdings in the past 48 hours. Meanwhile, retail investors holding less than 0.01 BTC are actively "buying on dips," attempting to take over the positions. Historical data suggests that this divergence between retail buying in panic and large selling usually indicates a continued correction, and the market may need to wait for the large investors' position curve to flatten or rise again before confirming a bottom.