Whales Sold 57,600 BTC While Retail Bought the Top. Who’s Right?

• Whales Sold Into the Rally, Retail Bought It: Large-wallet share trended down over the past week while sub-1 BTC wallets accumulated from around September 10 — reversing the direction both cohorts ran for the prior two months.
• Two Bearish Catalysts, No Selloff: The Senate blocked the Clarity Act on Monday and Tuesday, and the Fed raised rates Wednesday for the first time since July 2023 — prices dipped shallowly and recovered.
• Upcoming Major Event: U.S. Midterm elections

Bitcoin sat near $78,000 at the time of the stream and Ethereum near $2,500, both below the levels they touched during an early-September peak. The Santiment team returned from a two-month…