11-06-2026 06:00 via newsbtc.com

Bitcoin Whales Bought The $60K Dip As Retail Capitulated – Over 11,000 BTC Leave Exchanges

Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic narrative that dominated market commentary at the time.The on-chain data tells a story in two distinct acts. The first act was the trigger. On
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