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CryptoSlate
2019-09-25 05:04:01

Did mass liquidations on BitMEX cause Bitcoin’s sudden drop?

Bitcoin has stabilized around the $8,600-mark hours after a ferocious sell-off led on BitMEX saw price decline more than 13 percent, liquidating more than six hundred million long contracts on the Seychelles-based exchange, according to data on Datamish.com. The decline, Bitcoin’s largest intraday plunge in months, saw the largest cryptocurrency by market capitalization shed 13.5 […]The post Did mass liquidations on BitMEX cause Bitcoin’s sudden drop? appeared first on CryptoSlate.