Santiment: The number of small bitcoin wallet addresses has continued to decrease since the 11th, indicating significant retail selling.
BlockBeats News, on November 25, Santiment released data indicating that since November 11, the number of wallets holding at least 100 bitcoin has increased by 0.47% (91 wallets). Meanwhile, the number of small wallets (especially those holding 0.1 bitcoin or less) has been decreasing.
Santiment stated that, in the long run, retail selling typically has a positive impact on cryptocurrency prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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