Traders liquidated their profits as soon as $BTC reached its all-time high today, withdrawing over $142 million in an hour. The leading cryptocurrency reached its all-time high of $69,000 today after rallying over 50% throughout February. Today marked Bitcoin’s highest price since November 2021, just a month away from the impending coin’s halving.According to spot market data, traders did not wait to cash in on profits, as more than $142 million was swapped for USDT on Binance alone. This indicates that short-term traders feared a correction, as the market rallied consistently for the last two weeks. Following this liquidation, BTC dropped nearly 5% in an hour and currently trades below $65,000. The liquidation wasn’t exclusive to Bitcoin, as the overall crypto market saw more than $720 million liquidated since BTC its peak. $ETH also dropped to $3,600 after reaching over $3,800 earlier today. Memecoins suffered the sharp end of this liquidation, as leading tokens like BONK, Dogwifhat (WIF), and $FLOKI have been down by over 15% since yesterday. The three meme tokens have seen massive rallies over the past months, surging over 100% in a week. #WIF #BTC #ETH✅ #TrendingTopic #FLOKİ

BREAKING: #Dogecoin and #Shiba Inu, the two biggest dog memecoin, now each have a market cap above $20 billion.Dog coins by market cap:- $DOGE : $26 billion- $SHIB : $23 billion- $FLOKI : $1.3 billionIs #Floki undervalued here? 🤔️️️️️️#TrendingTopic #SHIB #DOGE🔥🔥 #Flokii #crypto