The fake news that BlackRock received spot Bitcoin (BTC) ETF approval from the SEC caused a whale to lose 50 thousand dollars in 10 minutes.
BlackRock spot Bitcoin ETF application (iShares spot Bitcoin ETF) US Securities and approved by the Stock Exchange Commission (SEC). fake news It caused many investors to lose money. Some investors rising Bitcoin price While trying to evaluate than what you have happened.
On-chain analysis account Lookonchain shared on Twitter in postshared one of these investors.
According to the post, a whale caught up in FOMO with the spot Bitcoin ETF approval. 20.5 Wrapped Bitcoin To buy (WBTC) 613.201 USD Coin (USDC) spent. Later, when it was revealed that the news was a lie, 563,970 for dollars again USDC’Switched to .
Because of this development, the whale is only 10 in a matter of minutes 50 thousand dollar lost.
In addition to the losses on the on-chain, millions of dollars were also lost in the stock markets. According to data from on-chain analysis firm Coinglass, fake news can be detected in as little as 30 minutes. $111 million This led to the futures position being liquidated.