Bitcoin dip may not be over as retail ramps up buying below $70K: Santiment

Bitcoin whales have sold approximately 66% of their recently accumulated Bitcoin since Wednesday, according to Santiment. The selling pressure from large holders coincides with increased retail buying activity below $70K, suggesting the current price dip may continue.

• →Bitcoin whales have sold about 66% of their recently accumulated Bitcoin since Wednesday.
• →Retail investors are ramping up buying activity as Bitcoin trades below $70,000.
• →The divergence between whale selling and retail buying suggests continued downward pressure.
• →Santiment data indicates the current Bitcoin dip may not be finished yet.