⚠️ $BITCOIN Capitulation: Over 70,000 $BTC Moved to Exchanges at a Loss Since July 31
A major on-chain signal just flashed. Since July 31, more than 70,000 BTC have been sent to exchanges at a loss, as short-term holders exit the market in fear.
🔍 Key Insights:
• Over 21,400 BTC moved at a loss in just one day.
• This reflects retail capitulation — panic selling by weak hands.
• Historically, such events precede accumulation by stronger hands.
• Institutional players continue accumulating through OTC channels.
• Long-term holders remain firm, not shaken by recent volatility.
📊 Technical Context:
• BTC is hovering near critical support between $112K – $115K.
• A breakdown could push prices toward $110K.
• Holding above support may signal the end of the correction.
💡 Why it matters:
Capitulation often marks the bottom. This influx of BTC at a loss might clear the path for the next bullish reversal — if key levels hold.
Stay alert. Market sentiment may be weak, but smart money is moving silently.