Retail investors sell bitcoin as prices fall

Retail investors holding less than 10 BTC are aggressively selling their bitcoin holdings as the cryptocurrency's price drops below $67,000. Data from Glassnode indicates that wallets with under 1 BTC show a score of 0.11, and those with 1 to 10 BTC are at 0.05, signifying significant distribution. In contrast, larger holders, including whales with over 1,000 BTC, are largely neutral or showing only mild distribution, suggesting they are waiting for market direction. This divergence in behavior highlights a capitulation among smaller investors while larger players remain on the sidelines.