Large sales operations in cryptocurrencies just now

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Sources reported the following news:

$210,000,000 worth of cryptocurrency was liquidated [sold] in the past hour

It is noted that Bitcoin has dropped nearly 2% rapidly in the past 60 minutes

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+ On the sidelines of the above news .. yesterday, Tether, a company that has a digital currency named $USDT, disclosed that it holds reserves of 100,000 Bitcoins in addition to 50 tons of gold

+ This type of news is a double-edged sword .. as any pressure to liquidate and sell cryptocurrencies may force a company the size of Tether to also liquidate part of its reserves .. and if the problem is primarily in liquidation operations in cryptocurrencies .. it seems logical that the company's liquidation at that time would be significant