According to Foresight News, crypto market analysis agency Santiment said that since mid-August, whale trading activity in cryptocurrencies has declined significantly. Since the March/April peak, Bitcoin transfers above $100,000 have fallen by 33.6%, and Ethereum transfers above $100,000 have fallen by 72.5%. It emphasizes that this is not necessarily a bearish signal. Whales are equally active during bull or bear markets. But it does show that in times of extreme greed or extreme fear, large key stakeholders will continue to bide their time and wait for the next move. Since BTC hit an all-time high six months ago, the crowd has been very sensitive to medium-sized fluctuations. Based on sentiment patterns, a return to $70,000 may be accompanied by major crowd FOMO, while $45,000 may lead to major FUD.

#BTC #ETH