🚨 The #Cryptocurrency” market is experiencing a new shock! 🚨

💸Bitcoin has just experienced a sharp drop of 10%, falling to the $65,500 mark. But what caused this correction? All eyes are once again on Binance, a leading crypto exchange that transferred a whopping $329 million in BTC to its hot wallet.

This is not the first time that Binance's actions have caused major swings in the market. Think back to March 5: after the transfer of $319 million in BTC from the exchange's BTC wallet, the coin's price fell by 16% almost instantly.

The consequences of these events are disastrous for traders: positions worth $750 million were liquidated because of the last jump.

Apparently, Binance solves the problem of market oversaturation in its own way, regularly "clearing" the ranks of traders. Stay on the lookout and follow the updates. 💸💔

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