Bitcoin Smart Money Loads Up Amid Retail Dump: Santiment
Santiment reports that Bitcoin whales and sharks accumulated $3.21 billion while retail investors sold off.Summary
Analysts at Santiment observed that Bitcoin's "whales & sharks" (wallets holding 10 to 10,000 BTC, termed "smart money") accumulated 36,322 BTC, valued at $3.21 billion, between January 10 and January 19. This accumulation occurred while retail investors (wallets holding less than 0.01 BTC) offloaded 132 BTC. Santiment suggests these conditions—smart money accumulating while retail dumps—create "optimal conditions for a crypto breakout" and a long-term bullish divergence, despite geopolitical concerns. The analysis comes as Bitcoin experienced volatility, including a nearly 7% drop following discussions of new tariffs by Donald Trump. Other indicators show caution, with the Crypto Fear & Greed Index at "fear" (32) and the Altcoin Season Index showing a "Bitcoin Score" of 29, indicating the market remains heavily focused on BTC.
(Source：Cointelegraph)