Bitcoin Whales Absorb Dual Sell-Off as Capitulation Peaks

The most consequential shift in this move did not occur at the lows, but in how sell pressure was redistributed once Bitcoin dipped into the low $60,000 range. On-chain flows show that what appeared to be disorderly capitulation was met with unusually coordinated absorption beneath the surface. source: https://www.ethnews.com/bitcoin-whales-absorb-dual-sell-off-as-capitulation-peaks/