Bitcoin Experiences Largest Liquidation Since FTX Collapse
According to @CryptoMichNL, Bitcoin has fallen below $56,500, marking the largest liquidation event since the FTX collapse. This significant drop was influenced by movements from the Mt. Gox wallet. Traders are advised not to panic sell during this capitulation event.
SourceAnalysis
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast