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Bitcoin’s slide to $60,000 on Feb. 6 triggered a sharp surge of exchange inflows that on-chain analyst Darkfost called a capitulation event, with short-term holders and small “shrimp” wallets leading the move. It wasn’t just retail panic either—flows jumped on venues that pros actually use.
Darkfost said the selloff “reignited investor anxiety” after BTC revisited a price level “not…since October 2024,” alongside a broader drawdown “exceeding 50% from the last all time high.” It…
