Small retail investors began actively buying Bitcoin after its price dropped below $70 000, according to data from the analytics platform Santiment. However, blockchain analysts warn: based on historical patterns, the cryptocurrency's value may continue to decline. Holders with 10 to 10,000 Bitcoins actively accumulated the asset from February 23 to March 3, when the price fluctuated between $62 900 and $69 600, Santiment notes. When Bitcoin's price rose above and reached the $74 000 mark, these investors started taking profits. According to analysts, they have already sold about 66% of the recently purchased coins. At the same time, small investors holding less than 0.01 Bitcoin on their crypto wallets, on the contrary, began increasing their positions. Santiment analysts emphasize that a situation where small retail investors buy an asset while so-called "whales" sell usually signals that the market correction is not yet over.

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