Bitcoin Correction Deepens as Exchange Inflows Spike, Then Rapidly Cool
The recent Bitcoin drawdown intensified on February 6 when price slipped below $60,000, extending losses to more than 52% from the all-time high. According to data shared by CryptoQuant, the move was accompanied by a sharp surge in exchange inflows, highlighting broad de-risking activity across both retail and professional segments.
BTC
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
