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🚨Further insights on the issue!🚨
BitMEX launches an investigation into an aggressive Bitcoin sell-off! 🔍
- BitMEX's BTC-USDT spot market witnesses a sudden Bitcoin drop to $8,900. 💥
- Over 400 $BTC (not 850 as previously stated) sold within 2 hours, potentially resulting in losses exceeding $4 million. 😱
- BitMEX scrutinized it as "unusual activity" and "potential misconduct" by traders. 🕵️♂️
- No discernible impact observed on derivatives markets, mark prices, or liquidations. 📉
- Bitcoin's price decline coincides with a broader downturn in the crypto market. 📊
What factors do you believe triggered this significant sell-off? Share your insights in the comments below! 👇
LIVEAlbert Minja
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🚨 Bitcoin experienced a dramatic rollercoaster ride on BitMEX, plummeting to $8,900 late Monday! 😱 However, there's no need to panic as it swiftly bounced back to $67,000 within minutes, while other exchanges remained stable above $60,000. 📈
Reports suggest that a significant whale unloaded over 850 $BTC ($55.49M), potentially triggering the flash crash. BitMEX has initiated an investigation into these sizable sell orders. 🔍
Who else noticed this? What do you believe prompted this abrupt decline? 🤔 Feel free to share your insights below! 👇
#cryptocurrency #BitMEX #flashcrash
Reports suggest that a significant whale unloaded over 850 $BTC ($55.49M), potentially triggering the flash crash. BitMEX has initiated an investigation into these sizable sell orders. 🔍
Who else noticed this? What do you believe prompted this abrupt decline? 🤔 Feel free to share your insights below! 👇
#cryptocurrency #BitMEX #flashcrash
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