All cryptocurrency While investors and the market wait for the spot Bitcoin ETF approval news from the SEC SEC The official page made a post yesterday stating that ETFs were approved.
However, within minutes, it was announced that this post was fake and that the ETFs were not actually approved.
Commenting on this matter SEC Chairman Gary Gensler He said that the SEC’s official X account was hacked and the post was not made by the SEC.
This situation was later confirmed by X.
While all these developments are happening BitcoinThere were sharp upward and downward movements in . Approaching $48,000 with the news that ETFs were approved BTCdropped to $44,700 after it was revealed that the approval news was fake.
During this rise and fall, a $218 million position in cryptocurrency futures was liquidated in the last 24 hours.
Of this, $135 million consisted of long positions and $82 million consisted of short positions.
While the highest liquidation was in Bitcoin with $84 million, BTC Ethereum (ETH) and Solana (SOL) followed.
The highest liquidation was in Binance with 82 million dollars, while OKX was liquidated with 72 million dollars and Bybit was liquidated with 36 million dollars.
*This is not investment advice.
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