Bitcoin Whales Offload 66% of Recent Buys as Retail Accumulates and ETFs See Largest Net Outflow in Three Weeks

After Bitcoin climbed to $74,000, whale wallets unloaded about 66% of their recent accumulation while retail traders continued purchasing at lower price levels, Santiment data cited by Cointelegraph show. The platform noted that this "whales sell, retail buy" pattern has historically coincided with corrections that have not yet fully played out. Bitcoin is now trading near $67,984 and the Fear & Greed Index has fallen to 12, signaling extreme fear, while U.S. spot Bitcoin ETFs posted a single-day net outflow of $348.9 million, the largest in three weeks. Analysts cited in the report cautioned that a failure to hold the $67,000–$68,000 support band could open further downside, although they view $60,000 as a key bottom support zone.