Let me briefly summarize the event for those who cannot make sense of the red market after Powell:



Bros, in just the last 24 hours, positions worth approximately $838M have been liquidated from the market.

The reason is that a whale made a sale of $24,000 BTC, causing a sudden drop in the market, referred to as a (flash crash).
-A large portion of those who took long positions after Powell have disappeared.

But it's temporary. What has this market seen.
BTC-1.21%
ANI-14.7%
View Original
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)