🚨 BITCOIN SHOCKWAVE: ON-CHAIN PURGE IN PROGRESS!

$BTC price action is shaking out weak hands right now, especially near $63,000. Short-Term Holders (STH) are deep underwater. Their average cost basis is near $92,000! This forces capitulation or painful DCA.

This is textbook supply exhaustion. Even younger Long-Term Holders (6-18 months) are seeing profits evaporate. This holder "washout" phase is necessary for market strength. Weak hands are being flushed. Prepare for the next leg up.

#Bitcoin #OnChain #CryptoMarket #BTC #Capitulation 🚀

BTC
BTCUSDT
67,445.8
-1.93%