🚨 A strong shake in the Bitcoin market due to Galaxy Digital! 💣
The Lookonchain platform revealed that Galaxy Digital deposited 10,000 BTC (about $1.18 billion) on trading platforms just hours ago!
This action caused a sharp drop in Bitcoin, reaching its lowest level since July 10 at $115,125, and the price is still struggling to recover currently. 😓
🔍 The surprise?
The deposited Bitcoins belong to a whale from the time of Satoshi, who recently transferred $4.77 billion to Galaxy Digital!
And it didn't stop there... Just 20 minutes ago, an additional 2,850 BTC (worth $330 million) was sent to trading platforms, increasing pressure on the market. 🧨
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🧨 Liquidation of a large whale!
📉 After the crash, there was a partial liquidation of the known whale AguilaTrades in a 20x leveraged trade, losing $2.1 million, and still facing open losses of $4 million!
📊 The total liquidation over 24 hours reached $706 million, of which $551 million was from long positions only!
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👀 Do you think the market will continue to decline?
Share your predictions in the comments below👇
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