atomcrashed
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$ATOM 2.24 to 2.16 to 2.06 to reverse 2.03 price premarket
Trend Down 2.16 bullish up to 21 to down 2.07 #ATOM #ATOMCrashed #$BTC $ETH
#FedWatch
Trend Down 2.16 bullish up to 21 to down 2.07 #ATOM #ATOMCrashed #$BTC $ETH
#FedWatch
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+0,1656ATOM
Binance BiBi:
Hey there! I see you're looking at ATOM. As of 08:34 UTC, its price is around $2.239, up 1.36% in the last 24 hours. It's in a fascinating spot with recent network upgrades and big discussions on new tokenomics. Always DYOR! Hope this helps
Guys we really missed the Boat 🛶 . $ATOM was just trading at $0.001 few hours ago and now its trading at over $3.00 that is an insane gain of 3000x, 🤐
and it was all unexpected due to sudden Trump Tariffs 😭
#TrumpTariffs #ATOMCrashed
and it was all unexpected due to sudden Trump Tariffs 😭
#TrumpTariffs #ATOMCrashed
🚨 𝗟𝗮𝘀𝘁 𝗡𝗶𝗴𝗵𝘁, 𝘁𝗵𝗲 𝗣𝗿𝗶𝗰𝗲𝘀 𝗼𝗳 𝗧𝘄𝗼 𝗠𝗮𝗷𝗼𝗿 𝗔𝗹𝘁𝗰𝗼𝗶𝗻𝘀 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹𝗹𝘆 𝗗𝗿𝗼𝗽𝗽𝗲𝗱 𝘁𝗼 $𝟬 𝗼𝗻 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 – 𝗔𝗻 𝗨𝗻𝗯𝗲𝗹𝗶𝗲𝘃𝗮𝗯𝗹𝗲 𝗘𝘃𝗲𝗻𝘁
According to data on Binance, the price of the two major altcoins officially hit $0 during yesterday's massive drop.
The cryptocurrency market was shaken by sharp declines on Binance early this morning. Many altcoins briefly lost over 90% of their value. IoTeX ($IOTX ), in particular, briefly dropped to $0, while Cosmos ($ATOM ) similarly plummeted to zero.
BitMEX co-founder Arthur Hayes offered a critical assessment of the crash. He stated that market rumors suggest that the sudden drop was triggered by the automatic liquidation of collateral tied to cross-margined positions by some major centralized exchanges (CEX).
“Word on the street is that many altcoins fell sharply as major CEXs automatically liquidated collateral tied to cross margin positions. Congrats to those who bought on the dip, we won't see these levels again for a long time.”
According to experts, such sudden “flash crashes” are typically caused by a lack of liquidity, algorithmic trading, and the chain liquidation of leveraged positions. Hayes's statements suggest that this market crash may have been caused by an automated liquidation chain rather than a systematic error or manipulation.
#CryptoCrisis #crashmarket #ATOMCrashed #IOTXcrashed
According to data on Binance, the price of the two major altcoins officially hit $0 during yesterday's massive drop.
The cryptocurrency market was shaken by sharp declines on Binance early this morning. Many altcoins briefly lost over 90% of their value. IoTeX ($IOTX ), in particular, briefly dropped to $0, while Cosmos ($ATOM ) similarly plummeted to zero.
BitMEX co-founder Arthur Hayes offered a critical assessment of the crash. He stated that market rumors suggest that the sudden drop was triggered by the automatic liquidation of collateral tied to cross-margined positions by some major centralized exchanges (CEX).
“Word on the street is that many altcoins fell sharply as major CEXs automatically liquidated collateral tied to cross margin positions. Congrats to those who bought on the dip, we won't see these levels again for a long time.”
According to experts, such sudden “flash crashes” are typically caused by a lack of liquidity, algorithmic trading, and the chain liquidation of leveraged positions. Hayes's statements suggest that this market crash may have been caused by an automated liquidation chain rather than a systematic error or manipulation.
#CryptoCrisis #crashmarket #ATOMCrashed #IOTXcrashed
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