According to Foresight News , Bitget data shows that BTR plummeted 71.1% in the past 24 hours, falling from 0.2 to 0.028 USDT, and has now rebounded to 0.04 USDT. Analyst Yu Jin stated, "It appears that Bithumb exchange is the main dumping ground for BTC spot trading; in just one day since yesterday's drop, 41% of the circulating supply of BTR has flooded into Bithumb."
BTR plummeted by over 70% in 24 hours, suspected to be whales unloading their holdings on Bithumb.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
