Bitcoin (BTC) recently experienced a significant volatility event that resulted in the erasure of a massive $240,000,000 liquidation cluster, fundamentally resetting the derivatives market. This major price swing is being widely characterized by analysts as an engineered “fakeout” or stop-hunt designed to clear over-leveraged positions before the asset establishes its next major trend. Liquidity Swept … Continue reading "Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’" The post Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’ appeared first on Cryptoknowmics-Crypto News and Media Platform.Bitcoin (BTC) recently experienced a significant volatility event that resulted in the erasure of a massive $240,000,000 liquidation cluster, fundamentally resetting the derivatives market. This major price swing is being widely characterized by analysts as an engineered “fakeout” or stop-hunt designed to clear over-leveraged positions before the asset establishes its next major trend. Liquidity Swept … Continue reading "Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’" The post Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’ appeared first on Cryptoknowmics-Crypto News and Media Platform.
Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’
Bitcoin (BTC) recently experienced a significant volatility event that resulted in the erasure of a massive $240,000,000 liquidation cluster, fundamentally resetting the derivatives market. This major price swing is being widely characterized by analysts as an engineered “fakeout” or stop-hunt designed to clear over-leveraged positions before the asset establishes its next major trend. Liquidity Swept …
Continue reading "Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’"
The post Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market ‘Fakeout’ appeared first on Cryptoknowmics-Crypto News and Media Platform.
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