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Bitcoin hits new record high over $73K: Sky's the limit?
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Bitcoin Flash Crashed to $8.9K on BitMEX

Bitcoin Flash Crashed to $8.9K on BitMEX
Yes, you read the title right. Late Monday, $Bitcoin(BTC.CC)$ suffered a brief crash to as low as $8,900 on cryptocurrency exchange BitMEX, while prices on other exchanges held well above $60,000.
The slide began at 22:40 UTC, and within two minutes, prices fell to $8,900, the lowest since early 2020, according to data from the charting platform TradingView. The recovery was equally quick, with prices rebounding to $67,000 by 22:50 UTC.
Throughout the boom-bust episode on BitMEX, BTC’s global average price was around $67,400.
Some observers on social media platform X allege that whale selling catalyzed the price crash. According to syq, someone sold over 850 BTC ($55.49 million) on BitMEX, driving the XBT/USDT spot pair down to $8,900.
Bitcoin Flash Crashed to $8.9K on BitMEX
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  • 104686276 : It lost a Lot, it recovery a Lot,
    guess who is going to sell that a Lot, guess who is going to recover it by buying it again a lot,
    where is that trilion coming from? just within one Moment?
    good question

    Those are not public

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