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Details 👉 https://www.gate.com/post/status/13217654
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[Market Shock] A certain "Whale" user transferred 24,000 BTC (approximately 4 billion USD) in one go, and is suspected of selling through market orders rather than using limit orders to provide liquidity. This operation caused the Bitcoin price to fall by about 5,000 points in a very short time, triggering a chain liquidation effect: over 1 billion USD in long positions were liquidated within 10 minutes, and the liquidation scale expanded to nearly 400 million USD within 4 hours.
It is worth noting that the user currently holds 152,000 BTC (approximately $17 billion) and has not yet transferred it to an exchange. If they conduct a large-scale market price dumping again, it may have further impacts on the market. Long position investors are reminded to closely monitor on-chain movements, manage risks cautiously, and set reasonable stop-losses. #晒出我的Alpha积分# #机构以太坊储备破1000万枚#