A flash crash occurred on Binance’s BTC/USDT pair, where BTC price briefly dropped to $24,111 before quickly rebounding to around $87,000, likely triggered by thin liquidity. The event remained isolated to this specific pair. According to Coinglass data, total crypto liquidations over the past 24 hours reached $133 million ($68 million in longs and $65 million in shorts), with Bitcoin accounting for $45 million. no direct liquidation figures were linked to this incident.
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Yes, this is real data from the US Department of Labor's release today. Initial jobless claims fell to 214K (vs. expected 224K, previous 224K) for the week ending Dec 20.
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Gm
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