Santiment: The number of Bitcoin small wallet addresses has been decreasing for 11 days, indicating significant retail selling.

According to data released by Santiment, as reported by Odaily Planet Daily, the number of wallets holding at least 100 Bitcoins has increased by 0.47% (91 wallets) since November 11. Meanwhile, the number of small wallets (especially those holding 0.1 Bitcoins or less) has been decreasing.

Santiment stated that, in the long run, retail selling typically has a positive impact on cryptocurrency prices.