Crypto market analysis reveals an unprecedented parity in Bitcoin trader sentiment, with bullish and bearish views nearly balancing for the first time since market volatility triggered by U.S. tariff policies in April.
Santiment data highlights a significant divergence between whale accumulation and retail investor behavior, suggesting potential market shifts. Large holders are steadily increasing their Bitcoin positions while smaller investors reduce exposure through widespread sell-offs.
Santiment marketing director Brian Quinlivan notes this sentiment equilibrium often precedes bullish momentum, as cryptocurrency markets historically move counter to prevailing retail expectations. Supporting this view, the Crypto Fear & Greed Index has dropped to 54/100, cooling from ‘Greed’ to ‘Neutral’ territory.
On-chain activity underscores this polarization: 231 new wallets holding 10+ BTC have emerged over the past ten days, while more than 37,000 wallets containing under 10 BTC have offloaded holdings, signaling institutional confidence amidst retail uncertainty.