Bitcoin Price Correction: Small Holders Sell Amid Whale Accumulation
The Bitcoin price has recently fallen by about 2.5% to around $77,600, following a broader correction across the crypto market.
This correction comes after BTC rose as high as $81,500, extending a rally that began at $62,229 in early August.
Crypto analyst Ali Martinez has pointed out an interesting divergence between different groups of Bitcoin holders during this recent rally.
According to his data, smaller wallets have been selling throughout the rally, while some of Bitcoin's largest holders have been buying.