Santiment: Whale have sold off about 66% of their recent purchases, while retail investors continue to buy at lower prices.

According to ME News, on March 7th (UTC+8), market sources indicate that Santiment, a crypto sentiment platform, pointed out that after Bitcoin reached $74,000, whale investors sold off approximately 66% of their recent purchases, while retail investors continued to buy at lower levels. The "whales selling, retail investors buying" signal has historically indicated that the correction is not yet complete. Currently, Bitcoin is priced at approximately $67,984, and the Fear & Greed Index has fallen to 12 (extreme fear). Meanwhile, US Bitcoin spot ETFs saw a net outflow of $348.9 million in a single day, a three-week high. Analysts warn that if the price fails to hold the $67,000-$68,000 support range, it may further decline, but $60,000 is considered a significant bottom support level. (Source: ME)