Leading cryptocurrencies fell on Sunday after a massive billion-dollar Bitcoin sale sparked a flash crash.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:10 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -2.18% | $112,839.95 |
| Ethereum (CRYPTO: ETH) |
-1.34% | $4,715.63 |
| XRP (CRYPTO: XRP) | -1.84% | $2.99 |
| Solana (CRYPTO: SOL) | -1.05% | $203.80 |
| Dogecoin (CRYPTO: DOGE) | -4.05% | $0.2278 |
The Sudden Plunge
Bitcoin flash crashed from $114,000 to $110,000 in a matter of minutes late afternoon as a whale liquidated 24,000 BTC, valued at more than $2.7 billion, according to on-chain sleuth Sani. The investor still holds a total of 152,874 BTC across various addresses.
The sudden plunge liquidated over $562 million from the market in the last 12 hours, with long liquidations accounting …