As investors entered the week when the FED will announce its interest rate decision, there was a sudden decrease in Bitcoin.
While Bitcoin, which dropped $700 in 1 minute, was approaching the $29,000 limit again, this sudden dump made investors nervous.
It seems that dump is not a news source for now.
The drop in Bitcoin within 1 minute caused a serious increase in liquidations.
Within 1 minute, $ 30 million positions were liquidated in Bitcoin, while the total liquidation with altcoins was $ 85 million.
It is not yet known whether the reason for the decline is related to the liquidation of their open positions or whether someone has learned about important news beforehand.
When we get more details, we will share them with you.
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