Reasons for the Crash

A fish sent 24,000 BTC, worth about $4 billion, to Binance for liquidation.

It is worth mentioning that he did not click on limit sell orders to create resistance for BTC, but rather clicked on market sell orders, meaning he might have dumped all BTC at once.

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

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

All bulls should be cautious and remember to set stop-loss orders. If he is in a bad mood and presses the market sell order button $BTC $ETH #币安Alpha上新 #亚洲家族办公室加密资产配置 .