[Santiment: Current Market Shows Whale Sell-Off + Retail Buying, Typically Indicating the Correction Is Not Over Yet] BlockBeats News, March 7: Retail investors have been aggressively buying Bitcoin as its price fell below $70,000. However, crypto sentiment platform Santiment suggests that if historical patterns repeat, whale activity indicates prices may still decline further. Santiment stated in a report on Friday: 'When Bitcoin reached $74,000, these key stakeholders began taking profits.' Santiment explained that whales holding between 10 and 10,000 BTC 'accumulated significantly' between February 23 and March 3, when Bitcoin was trading between $62,900 and $69,600. Since Bitcoin broke through $70,000 and reached $74,000 on Wednesday, this group has sold approximately 66% of their recent purchases. Meanwhile, retail investors holding less than 0.01 BTC have been increasing their positions. 'When retail investors are buying while whales are selling, it typically indicates the correction is not over yet,' Santiment stated.