{"id":608907,"date":"2024-05-20T15:00:11","date_gmt":"2024-05-20T15:00:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=608907"},"modified":"2024-06-11T07:01:45","modified_gmt":"2024-06-11T07:01:45","slug":"bitcoin-retail-investors-dumping","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","title":{"rendered":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price"},"content":{"rendered":"<p class=\"p2\">The <a href=\"v\" rel=\"nofollow\">Bitcoin price recovery above the $67,000 level<\/a> has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling pressure on the price. However, this is not an entirely bad thing given that, historically, such selling has been <a href=\"https:\/\/uniquehot.com\/news\/crypto-expert-willy-woo-predicts-bitcoin-has-room-to-run-here-are-the-drivers\/\">bullish for the Bitcoin price<\/a>.<\/p>\n<h2 class=\"p2\">Bitcoin Retail Are Dumping Their Bags<\/h2>\n<p class=\"p2\">In a report on X (formerly Twitter), the on-chain data tracker Santiment revealed an interesting trend among small-time Bitcoin investors. As the <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/4-key-reasons-bitcoin-bull-run-far-from-over\/\">price of Bitcoin rallied past $67,000<\/a> over the weekend, these small wallets took this as the time to sell and secure profit.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/cardano-whales-return-to-the-table-increase-massive-holdings-by-10\/\">Cardano Whales Return To The Table, Increase Massive Holdings By 10%<\/a><\/div>\n<p class=\"p2\">These wallets are those holding below 0.1 <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-100000-head-and-shoulders\/\">BTC<\/a> on their balances. This means that at the high end, these wallets are holding an average of $6,000. In the space of one week, Santiment notes that their collective holdings had dropped 0.46%.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udc1f\ud83d\udc4b <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> is dancing just above $66.1K as small traders continue to <a href=\"https:\/\/twitter.com\/hashtag\/liquidate?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#liquidate<\/a> their holdings despite the <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#crypto<\/a> bounce over the past week. Historically, small wallets dumping their coins to larger wallets is an encouraging and <a href=\"https:\/\/twitter.com\/hashtag\/bullish?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#bullish<\/a> sign for <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a>. <a href=\"https:\/\/t.co\/wlz4XPhfMD\" rel=\"nofollow\">https:\/\/t.co\/wlz4XPhfMD<\/a> <a href=\"https:\/\/t.co\/dTJAy5G6pL\" rel=\"nofollow\">pic.twitter.com\/dTJAy5G6pL<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/34631372?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 19, 2024<\/a><\/p><\/blockquote>\n<p class=\"p2\">Selling among smaller wallets is not new, but at this level, it could have a significant impact on the price. However, compared to when <a href=\"https:\/\/uniquehot.com\/bitcoin-news\/bitcoin-whales-quiet-down-heres-why-and-what-it-means-for-the-market\/\">whale and sharks<\/a> sell their BTC holdings, retail investors selling is usually bullish for the price. This is because as the smaller traders sell, the BTC is picked up by the larger traders, who are usually longer-term holdings.<\/p>\n<p class=\"p2\">As blockchain agency Crynet <a href=\"https:\/\/x.com\/crynetio\/status\/05232822\" rel=\"nofollow\">explains<\/a> in a response to Santiment: \u201cWhile small traders divesting might seem concerning, it&#8217;s often a bullish signal. Historically, this redistribution to larger holders indicates stronger hands in the market. Let&#8217;s see how this plays out.\u201d<\/p>\n<h2 class=\"p2\">Bullish Sentiment Rises Among Investors<\/h2>\n<p class=\"p2\">The selling by small Bitcoin traders comes amid a jump in bullishness. As Santiment reported in a previous post, <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-dips-66k\/\">bullishness among Bitcoin investors<\/a> has now jumped to a 4-month high. The last time that investors were this bullish was back in January 2024 when the price of BTC had jumped above $45,000.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/altcoin\/sub-1-altcoins-bull-run\/\">Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run<\/a><\/div>\n<p class=\"p2\">Bitcoin\u2019s weighted sentiment is now sitting at a value of 0.99, and although this is still lower than its January high of almost 1.8, it remains one of the highest among large caps. Currently, only the Chainlink (LINK) weighted sentiment is higher after rising to a new one-year high of 1.829.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83e\udd73 The crowd&#8217;s sentiment has shifted toward <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> after the surprise bounce above $66K Wednesday (and now above $67.2K). Additionally, <a href=\"https:\/\/twitter.com\/hashtag\/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Chainlink<\/a> is seeing its most <a href=\"https:\/\/twitter.com\/hashtag\/bullish?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#bullish<\/a> sentiment in over a year. <a href=\"https:\/\/twitter.com\/hashtag\/FOMO?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#FOMO<\/a> staying low will help these rises continue. <a href=\"https:\/\/t.co\/TcEPBdS9Oh\" rel=\"nofollow\">https:\/\/t.co\/TcEPBdS9Oh<\/a> <a href=\"https:\/\/t.co\/czvE1mOgId\" rel=\"nofollow\">pic.twitter.com\/czvE1mOgId<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/84526623?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 17, 2024<\/a><\/p><\/blockquote>\n<p class=\"p2\">The Ethereum weighted sentiment is currently sitting at a low -0.44, while XRP and Binance\u2019s BNB are sitting at around -0.37. This suggests that bearishness continues to dominate among these assets while crypto investors look to Bitcoin to lead the market.<\/p>\n<p class=\"p2\">At the time of writing, the <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/analyst-utilizes-supply-and-demand-principles-to-determine-bitcoin-price\/\">BTC price<\/a> is still trading at a high price of $66,900. The largest cryptocurrency by market cap is seeing a 6.78% increase in the last week and a small decline of 0.5% in the last day, according to data from Coinmarketcap.<\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/5fCinOvK\/\" alt=\"Bitcoin price chart from Tradingview.com\" width=\"3286\" height=\"1576\"><figcaption class=\"wp-caption-text\">BTC recovers after short dip | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created using Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling pressure on the price. However, this is not an entirely bad thing given that, historically, such selling has been bullish for the Bitcoin price. Bitcoin Retail Are Dumping Their Bags In a report on X (formerly Twitter), the on-chain data tracker Santiment revealed an interesting trend among small-time Bitcoin investors. As the price of Bitcoin rallied past $67,000 over the weekend, these small wallets took this as the time to sell and secure profit. Related Reading: Cardano Whales Return To The Table, Increase Massive Holdings By 10% These wallets are those holding below 0.1 BTC on their balances. This means that at the high end, these wallets are holding an average of $6,000. In the space of one week, Santiment notes that their collective holdings had dropped 0.46%. \ud83d\udc1f\ud83d\udc4b #Bitcoin is dancing just above $66.1K as small traders continue to #liquidate their holdings despite the #crypto bounce over the past week. Historically, small wallets dumping their coins to larger wallets is an encouraging and #bullish sign for $BTC. https:\/\/t.co\/wlz4XPhfMD pic.twitter.com\/dTJAy5G6pL \u2014 Santiment (@santimentfeed) May 19, 2024 Selling among smaller wallets is not new, but at this level, it could have a significant impact on the price. However, compared to when whale and sharks sell their BTC holdings, retail investors selling is usually bullish for the price. This is because as the smaller traders sell, the BTC is picked up by the larger traders, who are usually longer-term holdings. As blockchain agency Crynet explains in a response to Santiment: \u201cWhile small traders divesting might seem concerning, it&#8217;s often a bullish signal. Historically, this redistribution to larger holders indicates stronger hands in the market. Let&#8217;s see how this plays out.\u201d Bullish Sentiment Rises Among Investors The selling by small Bitcoin traders comes amid a jump in bullishness. As Santiment reported in a previous post, bullishness among Bitcoin investors has now jumped to a 4-month high. The last time that investors were this bullish was back in January 2024 when the price of BTC had jumped above $45,000. Related Reading: Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run Bitcoin\u2019s weighted sentiment is now sitting at a value of 0.99, and although this is still lower than its January high of almost 1.8, it remains one of the highest among large caps. Currently, only the Chainlink (LINK) weighted sentiment is higher after rising to a new one-year high of 1.829. \ud83e\udd73 The crowd&#8217;s sentiment has shifted toward #Bitcoin after the surprise bounce above $66K Wednesday (and now above $67.2K). Additionally, #Chainlink is seeing its most #bullish sentiment in over a year. #FOMO staying low will help these rises continue. https:\/\/t.co\/TcEPBdS9Oh pic.twitter.com\/czvE1mOgId \u2014 Santiment (@santimentfeed) May 17, 2024 The Ethereum weighted sentiment is currently sitting at a low -0.44, while XRP and Binance\u2019s BNB are sitting at around -0.37. This suggests that bearishness continues to dominate among these assets while crypto investors look to Bitcoin to lead the market. At the time of writing, the BTC price is still trading at a high price of $66,900. The largest cryptocurrency by market cap is seeing a 6.78% increase in the last week and a small decline of 0.5% in the last day, according to data from Coinmarketcap. Featured image created using Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":608929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,92325,87375,1119,89185,1122,1144,78790],"class_list":["post-608907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-retail","tag-bitcoin-selling","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\n<title>Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price<\/title>\n<meta name=\"description\" content=\"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-20T15:00:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:01:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price\",\"datePublished\":\"2024-05-20T15:00:11+00:00\",\"dateModified\":\"2024-06-11T07:01:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\"},\"wordCount\":617,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"Bitcoin retail\",\"Bitcoin Selling\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\",\"name\":\"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-05-20T15:00:11+00:00\",\"dateModified\":\"2024-06-11T07:01:45+00:00\",\"description\":\"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Bitcoin selling\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/uniquehot.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price","description":"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price","og_description":"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-05-20T15:00:11+00:00","article_modified_time":"2024-06-11T07:01:45+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price","datePublished":"2024-05-20T15:00:11+00:00","dateModified":"2024-06-11T07:01:45+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/"},"wordCount":617,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","keywords":["bitcoin","Bitcoin news","bitcoin price","Bitcoin retail","Bitcoin Selling","btc","BTC news","btc price","btcusd","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","name":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","datePublished":"2024-05-20T15:00:11+00:00","dateModified":"2024-06-11T07:01:45+00:00","description":"The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Bitcoin selling"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price","url":"http:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-retail-investors-dumping\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","bitcoin retail","bitcoin selling","btc","btc news","btc price","btcusd","btcusdt"],"dateCreated":"2024-05-20T15:00:11Z","datePublished":"2024-05-20T15:00:11Z","dateModified":"2024-06-11T07:01:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-retail-investors-dumping\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-retail-investors-dumping\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Bitcoin-selling.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Bitcoin-selling.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"bitcoin retail\",\"bitcoin selling\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2024-05-20T15:00:11Z\",\"datePublished\":\"2024-05-20T15:00:11Z\",\"dateModified\":\"2024-06-11T07:01:45Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Bitcoin-selling.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/608907"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=608907"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/608907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/608929"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=608907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=608907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=608907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}