Santiment Intelligence
Santiment Intelligence|Sep 21, 2026 15:02
🧐 Data Shows That Fearful Bitcoin Holders Sold Before $85K Rally 🧊 Smaller Bitcoin holders cracked before the breakout. This chart shows 62,335 wallets holding 0.1-1 BTC and 7,159 holding 1-10 BTC disappearing during the July-August shakeout, just before BTC reclaimed $80K. 🐋 Capitulation can leave supply in stronger hands. Once fearful holders finish selling, less reactive supply remains available to dump into the next rally, especially when larger buyers keep absorbing coins. 🚀 Bitcoin has now broken above $85K for the first time since January. A massive short squeeze accelerated the move, with roughly $648M in bearish crypto positions liquidated as falling oil prices also improved risk appetite. 🔄 Crypto repeatedly punishes crowded positioning. Retail fear near lows can precede rallies, while aggressive FOMO near highs can create the opposite setup. It’s not a guarantee, but the latest move is another example of price surging after smaller holders had already lost conviction. 🔗 Live Chart: https://app.santiment.net/charts/btc-0-1-1-1-10-number-of-wallets-26304?utm_source=x&utm_medium=post&utm_campaign=0.1-10_btc_wallet_dumping_b_092126&aff=3
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