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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
LIVEAlbert Minja
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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
#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. ๐
Who else noticed this? What do you believe prompted this abrupt decline? ๐ค Feel free to share your insights below! ๐
#cryptocurrency #BitMEX #flashcrash
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