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The price of Bitcoin dropped by 6% leading to significant liquidations in the cryptocurrency market. Whales made large transactions, with one withdrawing millions of dollars worth of Bitcoin from Binance. Traders reacted to the market volatility, with one panic-selling at a loss. Over $1 billion in liquidations occurred in the past 24 hours, affecting both Bitcoin and other cryptocurrencies like Solana.
This whale withdrew 673 $BTC($45.2M) from #Binance again in the past 2 hours. https://t.co/qFMaC1Wbxh https://t.co/d549zsl6tD
#Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup https://t.co/OZHpNWqSbg
A whale has been buying $BTC on dips since the $BTC dropped on Mar 14. He has accumulated 4,451 $BTC($294.6M) from #Binance at an average price of $66,195. With the rise of $BTC, he started making money, with an unrealized profit of ~$3.35M. Address:… https://t.co/dikaQjCd6m
