[‘Bears in disbelief’ — $1B in crypto shorts wiped out as Bitcoin pumps]
Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.

<p><img src="https://static.fwimg.io/img/1px.png" alt="‘Bears in disbelief’ — $1B in crypto shorts wiped out as Bitcoin pumps"></p><p>Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.</p>

‘Bears in disbelief’ — $1B in crypto shorts wiped out as Bitcoin pumps

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...