šŸšØFurther insights on the issue!šŸšØ

BitMEX launches an investigation into an aggressive Bitcoin sell-off! šŸ”

- BitMEX's BTC-USDT spot market witnesses a sudden Bitcoin drop to $8,900. šŸ’„

- Over 400 $BTC (not 850 as previously stated) sold within 2 hours, potentially resulting in losses exceeding $4 million. šŸ˜±

- BitMEX scrutinized it as "unusual activity" and "potential misconduct" by traders. šŸ•µļøā€ā™‚ļø

- No discernible impact observed on derivatives markets, mark prices, or liquidations. šŸ“‰

- Bitcoin's price decline coincides with a broader downturn in the crypto market. šŸ“Š

What factors do you believe triggered this significant sell-off? Share your insights in the comments below! šŸ‘‡

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