Bitcoin lost $2,176 in 15 minutes. Here's why.
Billions started leaving Binance hot wallets at 4:24 AM Manila time. Over $600M in longs got liquidated within an hour.
Binance says it will cover all losses and paused deposits and withdrawals. About $2.54B is frozen.
$BTC fell right onto my trend line, then broke it hours later. Now near $77,500. About $12B in options expire at 4 PM Manila.
Back above the line today? Comment YES or NO.
Not financial advice.
Billions started leaving Binance hot wallets at 4:24 AM Manila time. Over $600M in longs got liquidated within an hour.
Binance says it will cover all losses and paused deposits and withdrawals. About $2.54B is frozen.
$BTC fell right onto my trend line, then broke it hours later. Now near $77,500. About $12B in options expire at 4 PM Manila.
Back above the line today? Comment YES or NO.
Not financial advice.