๐จ Bitcoin experienced a dramatic rollercoaster ride on BitMEX, plummeting to $8,900 late Monday! ๐ฑ 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. ๐
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. ๐
Who else noticed this? What do you believe prompted this abrupt decline? ๐ค Feel free to share your insights below! ๐