The reason for the crash this morning
A whale sent 24,000 BTC ~$4b to Binance to sell
The most notable thing is that instead of clicking the limit sell button to create resistance for BTC, this person clicked the market sell button, meaning they sold all at once "possibly" emptying their BTC
This reckless action caused the market to drop by 5 thousand dollars. $300M was liquidated in 10 minutes and nearly $400M liquidated in 4 hours
Currently, this guy still holds 152K BTC equivalent to $17 billion in a wallet without bothering to deposit it on the exchange
Be careful, Long brothers, remember to set your stop-loss. If he feels down again and hits the market sell button, it would sell off again.
A whale sent 24,000 BTC ~$4b to Binance to sell
The most notable thing is that instead of clicking the limit sell button to create resistance for BTC, this person clicked the market sell button, meaning they sold all at once "possibly" emptying their BTC
This reckless action caused the market to drop by 5 thousand dollars. $300M was liquidated in 10 minutes and nearly $400M liquidated in 4 hours
Currently, this guy still holds 152K BTC equivalent to $17 billion in a wallet without bothering to deposit it on the exchange
Be careful, Long brothers, remember to set your stop-loss. If he feels down again and hits the market sell button, it would sell off again.
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BTC
111,156.01
-0.59%
