Bitcoin’s Plunge below 100 thousand dollars wipes one whale for $ 100 million

After the quiet weekend, in which the BTC stood mainly about $ 105,000, the asset prices became acidic, and it fell to a weekly minimum of less than $ 100,000.

Altcoins disappeared even more, with a huge decrease in prices, such as DOG, XRP, ADA, SOL and many others.

Like the previous Monday, this one began very painful for the crypto -market. As reported at the weekend, Bitcoin calmed down about $ 105,000, and there were practically no movements during the 36-hour period.

Nevertheless, the Asian trading session on Monday began with newcomers, which promoted the largest digital asset from the aforementioned level to a weekly minimum (currently) at 99,700 dollars.

This 5% daily fall caused damage to the market capitalization of cryptocurrency, which plunged below the desired mark of $ 2 trillion.

The altcoins felt an even more significant pain for the same period. ETH, who challenged $ 3400 a few days ago, fell 7% a day to $ 3100.

XRP fell below 3 dollars for the first time in a few weeks, BNB decreased to $ 650, ADA fell to $ 0.9, and Link – $ 23. A more significant decrease comes from such as SOL, DOGE, SUI, PEPE, HBAR, SHIB, LTC, APT, AAVE and others, like all of them with two -digit losses.

Coinglass data draw a violent picture of the aforementioned volatility. The total cost of destroyed positions has increased to $ 600 million on a daily scale and only in the last 12 hours in the last 12 hours.

Almost 230,000 merchants were eliminated, while the largest broken position is a colossal one of 98.46 million dollars. USA. This happened on HTX and included a pair of BTC/USDT.


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