😳 Panic selling hit the Bitcoin market hard

🔎 According to CryptoQuant, traders sold a staggering $2.07 billion worth of BTC in just one hour across all exchanges, measured by Taker Sell Volume.

That's one of the largest hourly sell-offs we've seen in recent memory and highlights just how aggressive the capitulation has become. 😳

When billions of dollars are market-sold in such a short period, it usually means one of two things:

🔴 Fear is reaching extreme levels and investors are rushing for the exits.
🟢 A major capitulation event is taking place, often creating opportunities for long-term buyers.

Combined with massive long liquidations and BTC briefly dropping below $60K, the market is clearly going through a stress test.

The question now is whether this was the final flush before a recovery or just another step lower in the current correction. 👀🩸