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Crypto Hit by Bitcoin Whales Dumping $45B in Bets

bloomberg.com

5 points by moose_man 2 months ago · 2 comments

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GianFabien 2 months ago

> $2 billion in crypto positions were liquidated.

So there was somebody or some entity willing to buy Bitcoin? What is the problem? There was a seller selling, aka wanted hard cash and now. And there was buyer willing to increase their holdings and reduce their cash. Isn't that how any market works?

moose_manOP 2 months ago

https://archive.ph/4BcS7

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