Markets· ★★★★· bearish·

Bitcoin speculators move 55K BTC to exchanges amid $1.1B liquidations

  • —Bitcoin dropped below $81,000
  • —Speculators sent about 55,000 BTC to exchanges
  • —Market liquidations reached $1.1 billion
Why it matters: Coins flowing to exchanges at a loss add selling pressure and raise the risk of another liquidation wave.
Source: Cointelegraph