🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
Let me briefly summarize the event for those who cannot make sense of the red market after Powell:
Bros, in just the last 24 hours, positions worth approximately $838M have been liquidated from the market.
The reason is that a whale made a sale of $24,000 BTC, causing a sudden drop in the market, referred to as a (flash crash).
-A large portion of those who took long positions after Powell have disappeared.
But it's temporary. What has this market seen.