Reasons for the Crash

A fish sent 24,000 BTC, equivalent to 4 billion USD, to Binance for sale

Notably, he did not click on a limit sell order to create resistance for BTC, but instead clicked on a market sell order, meaning he may have sold all BTC at once

This reckless behavior caused the market price to drop 5,000 points in an instant. 300 million USD was forcibly liquidated within 10 minutes, and nearly 400 million USD was liquidated within 4 hours

Currently, this friend still holds 152,000 BTC, worth about 17 billion USD, stored in a wallet and not yet deposited into the exchange

All bulls should be careful and remember to set stop-losses. If he’s in a bad mood and presses the market sell order button again 😂😂😂