Bitcoin Flash Crash - Here's Why

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Hey crypto trailblazer, 👋

Bitcoin just dipped below $110K. Here’s why.

🐳 Bitcoin Flash Crash Triggered by Whale Sell-Off

Over the weekend, a single whale unloaded 24,000 BTC, roughly $2.7 billion, within minutes, sparking a sharp $4,000 drop in Bitcoin’s price and triggering a cascade of liquidations that wiped out over $620 million in leveraged positions.

This move underscored how a single entity can shake markets, especially during low-volume periods like weekends.

Importantly, this whale still maintains a giant holding of over 152,000 BTC. In all likelihood, the whale decided to secure profits and allocate capital to other projects.

Why it matters: This event isn't just a flash crash but a reminder that crypto markets are still deeply sensitive to large hands. Understanding that dynamic is essential for anyone navigating this space.

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In summary, while there was a flash crash, Bitcoin is still trading in the $109K range. Profit-taking is natural and BTC will likely make new highs in the near future.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.