Bitcoin

<ul><li>Bitcoin remains steady above $66.1K despite small traders liquidating holdings, indicating strong market support.</li><li>Wallets holding less than 0.1 BTC reduced their holdings by 0.46% over the past week.</li><li>The decline in non-empty Bitcoin wallets suggests a significant shift in holdings from small to larger investors.</li></ul>Bitcoin is maintaining its position above $66.1K, according to recent <a href="https://x.com/santimentfeed/status/1792310926634631372" rel="noopener noreferrer nofollow">data</a> from Santiment, a market intelligence platform specializing in on-chain and social metrics for cryptocurrencies. This price point persists even as small traders continue to liquidate their holdings, a trend that has been evident over the past week.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ab9c821b4a7c496787b5a39c205d5c47.png" />Historically, Bitcoin&#39;s movement from small wallets to larger ones has been interpreted as a <a href="https://cryptotale.org/market-watch-analysts-forecasts-upswing-for-rndr-and-rsr/" rel="noopener noreferrer nofollow">bullish signal</a>. This pattern suggests confidence among more substantial investors, which often precedes positive price movements. Consequently, the current behavior of small traders could indicate a <a href="https://cryptotale.org/analyst-predicts-healthy-pullback-and-future-gains-for-bitcoin-and-meme-coins/" rel="noopener noreferrer nofollow">favorable outlook for Bitcoin</a>.<a href="https://cryptotale.org/btc-holds-steady-at-66-1k-despite-small-trader-liquidations/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

BTC Holds Steady at $66.1K Despite Small Trader Liquidations

CryptoTale

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