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Retail investors are selling, but the market is still rising? This signal is not simple...
Santiment data shows:
During the market's upward trend, small holders are accelerating their exit.
In just the past two days,
Wallets holding ≤0.01 ETH have collectively reduced about 1,791 ETH (approximately $4.16 million).
Most people believe that this 17% increase since the end of March is just a "trap."
But interestingly—
The more people disbelieve, the more likely the trend is to continue.
The market has never followed emotions,
but rather uses emotions.