not exactly. there are still people that are above 460 in the pool. new applicants with high crs score enter the pool on a daily basis
Cutoff may well be in the lower bounds of 460's. But, at the same time it should be noted that getting a CRS score above 460 is difficult for out-land candidates and also that the distribution of people in higher ranges is far less when compared to the distribution of people in say 450+ range. The internal CRS tracker is an indication of this distribution.