đš Bitcoin experienced a dramatic rollercoaster ride on BitMEX, plummeting to $8,900 late Monday! đ± However, there's no need to panic as it swiftly bounced back to $67,000 within minutes, while other exchanges remained stable above $60,000. đ
Reports suggest that a significant whale unloaded over 850 $BTC ($55.49M), potentially triggering the flash crash. BitMEX has initiated an investigation into these sizable sell orders. đ
Who else noticed this? What do you believe prompted this abrupt decline? đ€ Feel free to share your insights below! đ
#cryptocurrency #BitMEX #flashcrash