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Bitcoin just slipped below $75,000 for the first time since April.
And the reason is clear on-chain 👇
• Whale wallets (10–10K $BTC) dumped 50,000+ BTC
• Small retail wallets (<0.01 BTC) are aggressively buying the dip
This is a classic bearish setup, according to Santiment.
When large holders distribute while retail rushes in, it usually signals smart money exiting into demand — not accumulation.
Price doesn’t fall because of fear alone.
It falls when liquidity is transferred from weak hands to strong exits.
Until whale behavior flips, downside pressure remains elevated.