When Bitcoin was close to 11 o'clock earlier, it dropped a lot again! The lowest pin was US$55,111, and the decline in the past 24 hours expanded by more than 6%, setting a record for the lowest price since the end of February this year. The lowest price of Ethereum also hit US$2,868, with a decline of nearly 10% in the past 24 hours.
In the past 24 hours, nearly US$600 million has been liquidated across the entire network
As Bitcoin plunges again, according to Coinglass data , in the past 24 hours, the amount of cryptocurrency liquidation across the entire network has reached nearly 580 million U.S. dollars, and more than 216,000 people have been liquidated.
Mt.Gox crashes the market?
The reason why the market fell sharply is difficult to confirm, but around 8:30 earlier, according to Arkham tracking data, Mt. Gox has transferred 47,228 BTC (up to 2.7 billion US dollars) from the cold wallet to (1L7Xb...) Beginning with wallet.
Perhaps it is because some creditors have decided to sell after receiving BTC, or it may be that the already low market confidence has suffered another heavy blow.
