1/🧵 Crypto Chronicles: Insights into big liquidation event on Bitcoin's 15th Anniversary
Today is the day when Satoshi created the #bitcoin genesis block and on this occasion we're having some real volatile market and have witnessed a dramatic day in #crypto market
#threadstorm #outreach
2/ The big nuke happened today was based on some headlines " $BTC #ETFs won't be approved" speculation
But there's more reason why this was inevitable with or without this headlines.
Open interest was at all time high, all of euphoria turned into $600million+ liquidation within minutes.
3/ this week is going to be a lot interesting as SEC will speak about ETF either this or next week..
I have shared my insights on this event and possiblities in this blog.
#gosh
https://inleo.io/@idksamad78699/crypto-chronicles-insights-into-big-liquidation-event-on-bitcoins-15th-anniversary