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Bitcoin Falls Below 96,000 Amid Severe Volatility! U.S. Government Triggers Massive Panic Selling! Wall Street Whales Increase Holdings by 1.5 Billion
On Tuesday (December 3), Bitcoin fell below $96,000, maintaining a weak stance, dipping to a low of $94,395. The U.S. government is set to transfer $1.9 billion worth of Bitcoin seized from Silk Road to a Coinbase Prime wallet, triggering panic selling. However, Wall Street's largest listed whale, MicroStrategy, sticks to its strategy and invests another $1.5 billion in Bitcoin.
As Bitcoin experiences downward volatility, data from CoinGlass shows that the total liquidation amount in the cryptocurrency market reached $547 million in the past 24 hours, with $360 million in long liquidations and $179 million in short liquidations, affecting over 190,000 individuals.
As Bitcoin experiences downward volatility, data from CoinGlass shows that the total liquidation amount in the cryptocurrency market reached $547 million in the past 24 hours, with $360 million in long liquidations and $179 million in short liquidations, affecting over 190,000 individuals.
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