Bitcoin Price Drops Down $600 As A 7425 BTC Sell Order Executed on Binance


Yesterday, in a matter of minutes, BTC gained about $400 in a matter of minutes, taking us closer to $12,000. This momentum had us reaching for $13,000 as we get stopped around $12,900.

However, before we could enjoy this jump, just like yesterday but in a reverse manner, in a matter of minutes, BTC lost $600.

We went down as low as $12,030 today.

Currently, the leading cryptocurrency is trading at $12,326 with 24 hours gains of 3.96 percent while managing the daily trading volume of $2.6 billion, as per Messari’s real 10, 24 hours volume.

Bitcoin price took a drop to $12,030 after 7425 BTC sell order was executed on Binance, Source: TradingView

This drop of $600 was caused by a 7425 BTC sell order on Binance.

“7425 BTC sold on binance in 23 minutes tonight. Limit ask set $200-400 below the rest of the market. Someone REALLY wanted out,” wrote trader lowstrife on twitter.

Bitcoin (BTC) Live Price

1 BTC/USD =$46,525.8835 change ~ -2.07%

Coin Market Cap

$866.35 Billion

24 Hour Volume

$15.33 Billion

24 Hour VWAP

$47.06 K

24 Hour Change

$-963.44

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