Crypto Market Sees 580,000 Liquidations in 24 Hours! ‘Big Short’ Warns Bitcoin May Replay 2022 Crash Scenario
① Michael Burry, known as the “Big Short,” recently issued a stern warning, stating that Bitcoin could repeat the crash pattern seen from 2021 to 2022; ② This implies that the price of Bitcoin might further drop to $50,000 or even lower; ③ Data from CoinGlass shows that in the past 24 hours, there were 579,506 forced liquidations in the cryptocurrency market, with a total liquidation amount of $2.603 billion.
Cailian Press reported on February 6 (edited by Bian Chun) that amid a relentless downturn in the cryptocurrency market led by Bitcoin, renowned short-seller Michael Burry, often referred to as the “Big Short,” recently issued a stern warning, stating that Bitcoin could repeat the crash pattern seen from 2021 to 2022. This…
