The $6.3B Binance hack didn't break $BTC
The selling started with Amazon and Intel's after-hours drop, before the hack was public.
Then futures outsold spot about 7 to 1 as new shorts and hedges piled in, and dealers likely short gamma into this morning's expiry could have added to it.
Now we are down near the 50w ($76.1k), which we want to see act as support here.
Zoom out.
The selling started with Amazon and Intel's after-hours drop, before the hack was public.
Then futures outsold spot about 7 to 1 as new shorts and hedges piled in, and dealers likely short gamma into this morning's expiry could have added to it.
Now we are down near the 50w ($76.1k), which we want to see act as support here.
Zoom out.