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"False news of Bitcoin spot ETF approval" clears over 50 million dollars in BTC derivative positions
2024/01/10 01:17
After the SEC's official account shared news about Bitcoin ETF approval on X, Bitcoin first rose by 2.5%, setting a 19-month high of $47,900. However, after SEC Chairman Gary Gensler reported that the account had been hacked, Bitcoin plummeted nearly 6% to $45,100. Data from CoinGlass shows that the price of Bitcoin fluctuated dramatically and cleared over $50 million worth of bitcoin derivative trading positions on cryptocurrency exchanges within an hour.
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