Most leading cryptocurrencies have plunged sharply over the past few days, preceded by Bitcoin’s rapid correction from $87,000 to $81,000, its lowest price in two weeks. Major altcoins, including $XRP and $ETH , were not spared: the former recorded a double-digit drop over the past seven days. Now the question is what the whales were doing during this time and what lies ahead for these major assets. A scenario for $BTC ? Among the most likely reasons for the $BTC crash are significant ETF outflows, FUD sparked by large transfers from the US government, macroeconomic news, and profit-taking. Ali Martinez pointed to a growing trend of accumulation.