🚨 $40B wiped from crypto market cap in hours!



As we’ve seen many times this year, Friday and Sunday nights tend to bring HUGE moves.

#Bitcoin just dropped $4,000 in minutes with zero news.

Why? Liquidity is thin.

Combine that with record high leverage, and any sudden sell pressure triggers a domino effect, cascading liquidations and accelerating the drop.
BTC-3.25%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)