🐋 The capitulation of new whales has declined
The main pressure during the drop of BTC from $124k to $84k was created by new whales who entered at the highs and locked in losses.
After forming a local bottom, their realized losses sharply decreased — active selling has almost stopped.
BTC
87,084.13
-0.75%
ETH
2,927.71
-0.85%
BNB
841.12
-0.67%