This is a temporary panic, people have invested a lot of money and will not allow such a promising market to collapse.
Let's hope you're right. The owners of large cryptocurrency deposits did not sell their coins. So it is profitable for them to keep them in their wallets.
The owners of large cryptocurrency deposits very often buy cryptocurrency when it falls down. And their deposits becomes biger.
There are people who own large assets. With a serious fall in the market, they see the prospect of quickly buying cryptocurrency and do not want to sell.
This is the principle of trade. Everyone wants to buy cheaper and sell at a higher price

Whoever has big money and can put pressure on the market makes it easier for them to make money