Glassnode: This crypto market dumping is a leverage-driven event, rather than a large-scale market "capitulation".

BlockBeats news, on October 14, Glassnode posted on social media stating, “Recently, when the crypto market experienced a sell-off, over 90% of Bitcoin supply remained in profit, with most losses coming from top buyers. Unlike during the FTX and Luna collapses when less than 65% of the supply was in profit, this sell-off is not a large-scale 'Capitulation', but rather a structurally different, leverage-driven event.”