Bitcoin sees institutional accumulation as retail investors sell off with the CMF showing continued selling pressure.
has experienced positive price trends over the last few days but hasn’t stopped retail investors from selling off their holdings.Over the past 30 days, institutional wallets have amassed over 67,000 BTC. The accumulation brought their total holdings to over 3.9 million BTC.
These price stagnations often lead retail investors to lose confidence and sell their holdings, anticipating buying back at higher prices once market sentiment improves. When the CMF is below zero, it signals that selling activity is stronger than buying, which can create downward pressure on the price.
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