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Bitcoin news showed that whales are stepping up purchases, while retail investors continue to sell.
The BTC price is fluctuating within the range of key long-term levels on the chart as selling pressure intensifies.
After the BTC price dropped below the 63 000 dollar mark, liquidation sales worth more than 530 million dollars flooded the market.
“Whale investors” in Bitcoin are buying again, despite the BTC price being below the 63 000 dollar mark. According to Bitcoin news, large holders increased their positions during the most recent price drop, while many smaller investors sold their assets.
At the same time, the BTC price is still stuck between two key levels on the chart, keeping traders on edge as the number of liquidations in the market continues to grow.
Bitcoin news: whales buy while retail traders sell
Large Bitcoin holders were active during the latest market downturn instead of exiting it. Data provided by market analyst CW showed that the Bitcoin CVD indicator continued to point to net buying from whale wallets even amid the price decline.
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In other words, big investors were buying up the coins that others were selling. The same Bitcoin news data showed that most of the selling came from retail traders.
Many smaller investors were selling assets after the market went down, while whales continued to add to their positions during the decline. This difference between large and small investors often draws attention because it shows that they respond differently.
When prices fall, retail investors typically become more cautious. Large holders of stocks sometimes use these periods to increase their positions rather than sell.