🚨 Bitcoin Crash on BitMEX: Late Monday, BTC prices briefly dropped to $8,900 on BitMEX, while other exchanges held above $60,000. The crash was short-lived, with prices recovering to $67,000 within minutes. Some speculate that a large holder selling over 850 BTC ($55.49 million) caused the crash.

💸 Crypto Futures Liquidations: A BTC drop to under $64,000 caused over $440 million in liquidations for crypto futures traders. Long bets on BTC, ETH, SOL, and DOGE took on a cumulative $220 million in losses. Most liquidations occurred on Binance and OKX.

🔍 Binance Enhances KYC: Binance is asking its prime brokers to conduct enhanced KYC tests on clients to ensure they aren't serving U.S. nationals. This comes after Binance settled a case for $4.3 billion related to breaking sanctions and money-transmitting laws in the U.S.

📈 Chart of the Day: SOL's cumulative volume delta (CVD) has risen sharply, indicating net buying pressure, while ETH's CVD shows a downtrend, suggesting selling pressure.

What are your thoughts on the BitMEX crash and the enhanced KYC measures by Binance? Share your insights in the comments! 👇