Since ByBit hack, BTC CVDs are the steepest to the downside in months I am trying to figure out what specifically changed the dynamics post ByBit, if its Market Makers rebalancing their portfolios, or institutional loss of trust in crypto (hello darkness my old friend) TLDR: Pace of selling since ByBit is actually pretty insane, panic level selling/Exiting/hedging of positions (CVDs always trend down, thats not breaking news, especially on timeframes above 30m / locally)