santiment

According to Cointelegraph, Santiment data shows that as Bitcoin fell to $70,011, the activity of Bitcoin whale clusters reached its highest level in six weeks, with transaction volumes over $100,000 setting a record high since April 22.

The crypto sentiment platform Santiment published an analysis stating that the ratio of positive to negative comments about Ethereum has shifted from a strong FOMO sentiment in late April to a clear FUD sentiment now. Harvard University completely liquidated its $87 million Ethereum ETF one quarter after buying in; researchers from the Ethereum Foundation announced their resignations; and David Hoffman publicly stated his exit from the Ethereum project. The Santiment team interprets this trend as a mildly bullish signal, similar to the significant rise that followed the mid-2023 market sentiment low.Despite the panic sentiment, the number of non-bearish wallets for Ethereum remains as high as 192.92 million, more than three times Bitcoin's approximately 59 million. The activity in DeFi and staking trading surged at the beginning of the year and has since normalized, but the creation of new wallets continues to maintain a healthy growth rate. Fundamental data such as holders and activity do not support the claim that "the Ethereum network is dying." Additionally, the long-to-short ratio for Bitcoin has reached 2.23, the highest level since 2026. Previously, the highest daily long-to-short ratios often resulted in short-term price corrections, while extremely low short ratios indicate a local bottom. The current optimism stands in stark contrast to the outflow of short funds from ETFs, thus caution is warranted.

According to Santiment data, wallets holding at least 100,000 ETH currently hold approximately 17.41 million ETH, reaching the highest level in 9 weeks. This holding accounts for 22.03% of the total supply of Ethereum, setting a new 10-week high.Data shows that during the recent decline in ETH prices, these largest whales have continued to accumulate chips.

Santiment released a weekly market summary stating that Bitcoin ETFs have seen net outflows on 9 out of the past 10 trading days, with the current Bitcoin price around $77,500; it views this phenomenon as a reflection of weakening retail confidence.Meanwhile, Ethereum market sentiment has dropped to its lowest level since 2023, but the number of non-zero addresses has reached 192.92 million, which is more than three times Bitcoin's approximately 59 million. Santiment also pointed out that the current ratio of bullish to bearish comments on Bitcoin has risen to 2.23, the highest level within 2026, and historically, such high sentiment often appears before short-term corrections.

The sentiment analysis platform Santiment stated that after the news of the Senate Banking Committee advancing the CLARITY Act, Bitcoin has sparked a wave of enthusiasm on social media. This brings BTC and cryptocurrencies one step closer to eventual approval. Historical data shows that when the number of bullish comments on cryptocurrency market value is 1.55 times that of bearish comments, it is advisable to remain cautious. Market trends often go against public expectations.In summary, any efforts to push the CLARITY Act through should be viewed as a positive for cryptocurrencies in the long run, as it may ultimately bring clearer rules to the U.S. cryptocurrency industry. Currently, one of the biggest issues facing the cryptocurrency sector (especially in 2026) is uncertainty. Many companies, investors, and banks are hesitant to fully commit because they do not know which crypto assets will be classified as securities in the future, what rules they must comply with, and whether regulators will suddenly take action. This uncertainty leads to a wait-and-see attitude regarding funding. If the CLARITY Act is passed, it is expected that more institutional funds and well-capitalized investors will enter (or re-enter) the market. This will create higher demand, thus driving up prices. However, if the market value of many of the largest stocks has already been "digested" within a certain range before the CLARITY Act officially takes effect, do not be surprised.

Santiment stated on the X platform that Tether (Ethereum-based) experienced the largest outflow of funds from exchanges in nearly three months, with a net outflow of $1.29 billion (USDT) on Friday. Such a large-scale USDT outflow typically reflects institutional or whale-level participants moving funds to self-custody wallets, DeFi protocols, or over-the-counter trading platforms in preparation for larger operational plans. This is merely a reallocation of funds, not a complete exit from the ecosystem.Santiment suggests closely monitoring what typically happens after these peaks in outflows. Previously, on February 9, when outflows reached $3.72 billion, Bitcoin experienced a slight pullback in the following two weeks (before an ideal buying opportunity on February 24). Whether the current funds will flow back into exchanges in the form of buying in the short term is a key variable to watch closely. If USDT starts to flow back into exchanges in the coming days, it indicates that a wave of investment in crypto assets is imminent.

The on-chain analysis platform Santiment tweeted that six days after the Kelp event outbreak, there were obvious signs of "refugee trade" in the market.The Spark token SPK skyrocketed from $0.029 to $0.058 within 48 hours, an increase of over 100%. Meanwhile, whale transactions (over $100,000) surged from an average baseline of about 30 per day to 183 today.In contrast, the price of the AAVE token continues to decline, currently hovering around $92, even though Bitcoin had previously broken through $79,000 earlier this week.Santiment pointed out that this event did not solely cause destruction but led to a reallocation of funds— a liquidity crisis for one protocol turned into a bull market for another protocol.Note: "Refugee trade" is a metaphorical term in the crypto/DeFi space, specifically referring to the phenomenon where funds flee in large amounts from damaged or high-risk protocols, similar to refugees, and move to another protocol that is relatively safe and lower risk.

According to Santiment monitoring, small retail traders are actively selling their holdings of Ethereum (ETH), with wallets holding 0.01 ETH or less having reduced their holdings by a total of 1,791 ETH (approximately 4.16 million USD) in the past two days. The market generally views the 17% increase since March 29 as a "Bull Trap," and this sentiment has actually strengthened the likelihood of a continued bullish momentum.

Santiment indicates that market trends often go against public expectations, "such a high level of FUD sentiment is a positive signal, suggesting that the market is likely to improve in the near future."

According to the latest tracking data from Santiment, Ethereum's on-chain network activity has recently surged significantly, with the number of daily active addresses reaching 788,000. At the same time, the number of newly added wallet addresses has also recorded an increase of 255,000, bringing overall activity close to historical highs.

Santiment posted on the X platform that Bitcoin's price has fallen to a low of $65,600 for the first time since March 1, and retail traders' sentiment has dropped to "extreme fear."Historically, collective panic sentiment is often a necessary factor for a rebound, as market trends usually go against the expectations of the masses.Given that uncertainty regarding the war remains high and optimism about price declines is still low, a price rebound may occur.

According to Cointelegraph, Santiment data shows that in the past month, whale and shark addresses holding between 10 and 10,000 bitcoins have accumulated 61,568 bitcoins, an increase of 0.45%. During the same period, addresses holding less than 0.01 bitcoins have accumulated 213 bitcoins, an increase of 0.42%. The data indicates that bitcoin outflows from exchanges continued throughout March, suggesting that holders are accumulating rather than selling.Santiment analysts state that whale accumulation could be a "positive signal" for a price range breakout. Historically, when large wallets accumulate while retail investors sell, it often signals the beginning of a bull market cycle. The conflict in the Middle East has continued to escalate since the U.S. and Israel launched strikes against Iran in February.

Santiment posted on the X platform that in the past 3 months, the number of whale wallets holding 100 or more BTC has increased by 753, a growth of 3.9%. During the same period, the market price of BTC fell by 20.2%. Santiment pointed out that despite the ongoing short-term price fluctuations, the current on-chain data shows bullish divergence signals.

According to Cointlegraph, Santiment's on-chain data shows that wallets holding 10-10,000 BTC control 68.17% of the total Bitcoin supply (up from 68.07% seven days ago), indicating a recent accumulation rebound, which is seen as a "positive reversal" and a bullish signal.A week ago, whales sold about 66% of their holdings when the price broke above $74,000. Small wallets (0.01 BTC) continue to accumulate, especially buying when the price falls below $70,000. Santiment warns that the combination of "retail buying + whale selling" has historically often indicated that the correction is not yet over.

The on-chain analysis platform Santiment posted on X platform that, according to traceable wallet data, the proportion of Bitcoin stored on exchanges has dropped to its lowest level. Over the past eight years, both the crypto market and the global macro environment have undergone significant changes, while the proportion of Bitcoin reserves on exchanges has continued to decline, which is generally seen by the market as one of the signals of increased long-term holding tendency and reduced circulating selling pressure.

The cryptocurrency market research firm Santiment posted on social media, "On-chain data shows that over the past year, whenever there were three significant spikes in active addresses for USDT on the BNB Chain, the price of BTC rebounded. This is because USDT is the primary currency for most trading platforms, and the BNB Chain handles a large volume of daily transfer activities. When funds frequently flow between wallets and trading platforms, the number of active addresses surges. More active addresses mean more 'capital waiting to be traded,' especially on Binance. When this liquidity shifts from stablecoins to Bitcoin, buying pressure increases, and the price often rebounds."

The cryptocurrency market research firm Santiment posted on social media that Bitcoin's market value has surpassed the $70,000 mark, and market sentiment has once again fallen into a state of FOMO.In cryptocurrency-related discussion areas on platforms like X, Reddit, and Telegram, Trump's remarks about the possibility of the war ending soon, along with news of a reversal in oil prices, have greatly encouraged investors.

Santiment indicates that due to the panic from the war and the uncertainty surrounding the Clarity Act, traders tend to short heavily, with the number of Bitcoin short positions significantly exceeding long positions.

According to market news, the crypto sentiment platform Santiment pointed out that after Bitcoin reached $74,000, whale investors have sold about 66% of their recent purchases, while retail investors continue to buy at low levels. The signal of "whales selling, retail buying" has historically indicated that a correction is not yet in place. Currently, Bitcoin is priced at approximately $67,984, and the fear and greed index has dropped to 12 (extreme fear). Meanwhile, the net outflow from the U.S. Bitcoin spot ETF reached $348.9 million in a single day, hitting a three-week high.Analysts warn that if the price cannot hold the support range of $67,000--$68,000, it may further test the lows, but $60,000 is seen as an important bottom support.

Retail investors have made significant purchases as Bitcoin dropped below $70,000, but the crypto sentiment platform Santiment indicates that if historical patterns repeat, whale activity suggests that prices may still decline further.In a report on Friday, Santiment stated: When Bitcoin reached $74,000, these key stakeholders began to take profits.Santiment explained that whales holding between 10 and 10,000 Bitcoins "accumulated heavily" 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 about 66% of their recent purchases. Meanwhile, retail investors holding less than 0.01 Bitcoin have been increasing their positions."When retail buys while whales sell, it typically indicates that the pullback is not over," Santiment stated.