๐จFurther insights on the issue!๐จ
BitMEX launches an investigation into an aggressive Bitcoin sell-off! ๐
- BitMEX's BTC-USDT spot market witnesses a sudden Bitcoin drop to $8,900. ๐ฅ
- Over 400 $BTC (not 850 as previously stated) sold within 2 hours, potentially resulting in losses exceeding $4 million. ๐ฑ
- BitMEX scrutinized it as "unusual activity" and "potential misconduct" by traders. ๐ต๏ธโโ๏ธ
- No discernible impact observed on derivatives markets, mark prices, or liquidations. ๐
- Bitcoin's price decline coincides with a broader downturn in the crypto market. ๐
What factors do you believe triggered this significant sell-off? Share your insights in the comments below! ๐
