Bitcoin News
By Dan Saada
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Bitcoin has seen turbulent price action over the last two weeks, with its price sliding over 9% between April 5 and April 8 alone.
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According to fresh on-chain analytics from CryptoQuant, the primary source of selling pressure isn’t the usual suspects.
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CryptoQuant data shows short-term holders are currently sending around 930 BTC to exchanges each day, compared to just 529 BTC moved by long-term holders.
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Further insights from wallet activity paint an even clearer picture of who’s selling. Crypto wallets are typically grouped by size—Shrimps (less than 1 BTC), Crabs (1–10 BTC),…
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This divergence points to a familiar pattern in crypto markets: retail panic vs. institutional patience.
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In fact, many analysts argue that this wave of selling is less a sign of deeper problems and more likely a classic “shackout”—a period of short-term capitulation that typically…
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Despite the sell pressure from smaller wallets, Bitcoin’s performance over the past week has been relatively stable. It’s posted a 3.1% weekly gain and is up 0.
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What’s especially important in this environment is who’s not selling. Large holders—often dubbed “smart money”—tend to move strategically, not emotionally.
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While retail traders continue reacting to headlines and price dips, whales and long-term investors are playing the long game.
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In summary, the recent Bitcoin dip appears to be driven more by fear than fundamentals. Short-term holders and smaller wallets are showing classic signs of panic selling, while…
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