Santiment: Whale Sell-Offs and Retail Buying May Indicate the Correction Is Not Over

AIcoin2026/03/07 06:59

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On March 7, Santiment reported that after the price of bitcoin broke through $70,000 and reached $74,000, whales holding between 10 and 10,000 bitcoins have sold about 66% of their recent purchases, while retail investors holding less than 0.01 bitcoin have continued to increase their positions. Santiment stated that when retail investors are buying and whales are selling, it usually indicates that the market correction is not yet over.

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Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.

华尔街见闻•2026/11/02 20:01