THE WINKLEVOSS TWINS ARE SELLING BITCOIN
The Winklevoss Twins just moved $60M of BTC to Gemini, and $7M of ETH. This activity pattern matches usual selling patterns (custody > hot wallet).
The Winklevosses still hold over $300M of BTC. They made ~$1.7 Billion from Bitcoin since 2015.
$BTC has failed to reclaim the Feb lows.
Sellers are still dominating, while Coinbase Bitcoin Premium is at its lowest level this cycle.
If Bitcoin loses the $57,000-$58,000 zone, there's nothing stopping it from going into the low 50s.