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Broad-based BTC selloff intensifies, led primarily by retail holders

CoinDesk
Retail investors holding under 10 BTC are aggressively selling Bitcoin as prices drop below $67,000, while larger holders remain neutral.

Summary

Data from Glassnode's Accumulation Trend Score by cohort indicates that the recent broad-based selling of Bitcoin, which has fallen below $67,000, is primarily driven by retail participants. Wallets holding less than 10 BTC show aggressive distribution, with scores near 0. Whales holding 1,000 to 10,000 BTC are largely neutral, suggesting they are waiting on the sidelines, while the largest holders (over 10,000 BTC) show only mild distribution compared to previous lows. This trend suggests retail investors are capitulating while larger entities are not actively buying or selling.

(Source:CoinDesk)