Bitcoin Retail Investor Selling Signals Coming Pullback, but There Might be a Catch
Briefly

Retail investors, referred to as "shrimps," have recently sold around 75,000 BTC, marking a significant move since Bitcoin's surge above $73,000 earlier this year.
While shrimps are selling, larger players dubbed "sharks" are capitalizing by accumulating over 140,000 BTC, showcasing the codified behavior of big investors amidst the market's volatility.
The downward trend in retail exchange balances, which have dropped to less than 3 million tokens, indicates a strong buyer interest, distinct from retail selling patterns.
The dynamics in the market reveal contrasting trends: substantial retail profit-taking versus robust accumulation by large holders, complicating the short-term market outlook.
Read at Coindesk
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