Bitcoin, which rose above $ 30,000 after allegations that Blackrock's Ishares spot Bitcoin ETF was approved, fell to $ 28,000 in a short time after the news was denied by Fox Business and Bloomberg reporters who reached Blackrock.
During this sharp movement of BTC within 15 minutes, transactions worth $100 million in leveraged positions were liquidated and liquidated.
Of the $100 million liquidation, $70 million was in short positions and $30 million was in long positions.
Detailed information about the Spot Bitcoin ETF is included in this news.
*This is not investment advice.