Bitcoin drops to $26K as the result of Binance whales selloff

Bitcoin drops to $26K as the result of Binance whales selloff
фото показано с : cryptoslate.com

2023-5-12 11:30

Quick Take In aggregate, $120 million worth of Bitcoin was dumped onto the market yesterday. Mainly from Binance whales — where most of the selling pressure came from. In the grand scheme of things, this is not a lot of sell pressure but the issues stem from an illiquid market — price is susceptible to aggressive moves. The move down earlier this week resulted from an 8% drop in open interest, resulting in a liquidation cascade. Transfer Volume: (Source: Glassnode)

The post Bitcoin drops to $26K as the result of Binance whales selloff appeared first on CryptoSlate.

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Bitcoin (BTC) на Currencies.ru

$ 62104.06 (-0.11%)
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whales binance bitcoin market pressure selloff 26k

Источник: cryptoslate.com

whales binance → Результатов: 78


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