CryptoQuant: Bitcoin Whale Selling Has Ended, Triggering a $65,700 Rebound

TechFlow News, June 15: CryptoQuant analyst Woominkyu stated that BTC whale selling has ended. On June 14, total whale holdings turned upward after declining for 12 consecutive days, and the price rebounded to $65,704.89. Data shows that the Coin Days Destroyed (CDD) inflow dropped from 2.16 million to just 33,000—nearly zero—indicating a significant reduction in selling pressure from long-term holders.

From June 5 to June 10, during the price low of $61,400, the exchange whale ratio surged to 62.3%, while over 11,400 BTC flowed out of exchanges into cold wallets. He believes that the distribution of coins during this downturn has been largely completed.