On-chain data confirms this is the second-largest liquidation event in #Bitcoin's entire history, right after the #FTX collapse in November 2022.
This comes amidst news that #Germany is selling $3.2B worth of seized $BTC, and #Mt.Gox begins paying back $8.5B to creditors, with the majority expected to be sold.
P.S. At least someone is happy : Mt.Gox clients!👍
Advice: Stay calm and be patient !!!