BTC, ETH and XRP are facing extreme fear, but whales are sending mixed signals.
Retail sentiment for major cryptocurrencies has made a comeback, with Bitcoin at 0.82 bullish notes for every bearish note, Ethereum at 0.88, and XRP at a low of 0.49.
Extreme retail fear may signal a potential recovery in the market, as historical trends point to stops often starting during periods of high pessimism.
While Bitcoin and Ethereum whales are selling their holdings, XRP whales are piling up, indicating mixed signals in the market despite significant exits from crypto investment products.