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Santiment: When retail investors panic sell, whales and large holders buy the dip, causing a price rebound

2024-12-24 00:32

BlockBeats News, December 24th. Cryptocurrency market research firm Santiment posted on social media today, stating that the cryptocurrency market has seen further pullback this week, triggering panic among retail investors. Especially Bitcoin and Ethereum have experienced significant panic selling from new traders who just entered the market in the past 2-3 months.


These new traders have not previously experienced a moderate-sized correction and are feeling panic in an unfamiliar foreign market environment. Historically, when retail traders start selling in panic and emotion, whales and large holders usually take the opportunity to buy more coins with less resistance, leading to a price rebound. This rebound may not happen immediately, but market conditions are moving in the right direction.

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