CryptoQuant data: Whales bought the $60K BTC dip as 11,422 BTC left exchanges

Bitcoin hovered below $62,000 as the market sold off, while on-chain signals suggested large holders were active around the $60,000–$61,000 low. Data cited by analyst Woominkyu indicates 11,422 BTC (about $700 million) was withdrawn from exchanges over the following five days, alongside an Exchange Whale Ratio spike to 61.6%. The move followed a June 2–3 inflow surge linked to older dormant coins, which coincided with BTC sliding from $71,000 toward $60,000.