Bitcoin whales are dumping massive amounts of supply on exchanges as liquidations mirror the 2022 FTX market collapse

Bitcoin experienced a steep decline over the last 24 hours, pushing its price to approximately $60,000 amid an accelerated selloff comparable to the 2022 FTX collapse. BTC had recovered to $69,800 as of press time, according to CryptoSlate data. source: https://cryptoslate.com/bitcoin-whales-are-dumping-massive-amounts-of-supply-on-exchanges-as-liquidations-mirror-the-2022-ftx-market-collapse/