Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The main driver of the recent sell off in #Bitcoin and crypto has been the de-leveraging and capitulation of short term holders.



Simply put. When BTC made new ATH above 120K, every Degen opened up massive leverage longs. When MM went to liquidate and stop out those longs it created a flash crash.
BTC-9.99%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)