$BTC
What Caused the Recent Bitcoin Crash?
1. A Massive Whale Sell-Off Triggered a Flash Crash
A single "whale" (a large Bitcoin holder) unloaded around 24,000 BTC, valued at approximately $2.7 billion, over the weekend. This triggered a steep, rapid drop in Bitcoin’s price within minutes—commonly referred to as a "flash crash."
What Caused the Recent Bitcoin Crash?
1. A Massive Whale Sell-Off Triggered a Flash Crash
A single "whale" (a large Bitcoin holder) unloaded around 24,000 BTC, valued at approximately $2.7 billion, over the weekend. This triggered a steep, rapid drop in Bitcoin’s price within minutes—commonly referred to as a "flash crash."