BTC big dump triggered $628 million Get Liquidated, suspected to be caused by ancient Whale selling.

[Bit推] According to monitoring, a certain Bitcoin long position was liquidated at 109892 USD with a loss of 12.49 million USD.

Yesterday's downward spike in BTC caused significant losses for long positions, with a total liquidation of 628 million dollars across the network in the past 24 hours, affecting over 130,000 people.

As for the reasons, many analysts have speculated: it may be due to the sell-off by ancient Bitcoin whales who have high-profile switched to ETH after sleeping for seven years. Currently, they still hold 67,118 BTC (7.62 billion USD) on-chain.

BTC-2.11%
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PumpAnalystvip
· 22h ago
This wave of suckers has been played for suckers, it's just a funding scheme.
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AirdropHarvestervip
· 22h ago
Haha, Be Played for Suckers is that fast.
View OriginalReply0
TokenDustCollectorvip
· 22h ago
The old Whale has started eating, what's the panic?
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