📉 #Bitcoin's taken a dip, but don't panic just yet! 🐳 Whales and sharks are actually increasing their BTC holdings, showing confidence in the long-term potential.
🔍 Analysis from #Santiment shows small traders have been selling off, contributing to the current market pressure. But, July saw a net increase of 261 wallets holding at least 10 BTC.
📊 According to #Glassnode, the current correction is shallower than previous cycles, indicating a robust market structure. Sure, the recent drop to $53k has pushed some short-term holders into unrealized losses, but overall, the market structure remains strong.
🗣️ What's your take on this? Are you holding or selling? #DeFi #CryptoNews #BTC
Remember, every dip is a potential opportunity! 🚀