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Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900

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Flash Crash on Bitmex Sends Bitcoin Tumbling to ,900
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Source: Bitcoin.com

Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing the dramatic price drop while other exchanges showed prices well […]

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Author: Bitcoin.com

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