BitMEX whale tanks Bitcoin price to $8.9K during BTC sell-off

BitMEX said that its derivatives markets and the prices of the XBT derivatives contracts were not affected by the fluctuation.

An unknown entity sold over 400 BTC in a short period of time on the BitMEX BTC/USDT spot market; BitMEX began investigating the situation internally.

Reportedly, an unknown entity sold over 400 BTC in a short period of time. BitMEX confirmed the large sell order on the BTC/USDT spot market and began investigating the situation internally. “Just to clarify: We have NOT disabled withdrawals for all users, but only for a few accounts that are part of the investigation.”

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