Bitcoin Holders Split in Two as Retail Leaves and Smart Money Keeps Buying

Santiment data shows non-empty Bitcoin wallets have fallen by about 108,700 since October 16, suggesting retail holders are exiting. Over the same period, smart money wallets added more than 14,200 BTC in the past two weeks. BTC trades at $74,507, down 9.86% over the past month and below the roughly $75,700 average cost basis, so the divergence between retail selling and larger-wallet accumulation is the key signal for traders.