🚨 Why the Market Just Crashed (Simple Explanation)
A message has been spreading online saying that big crypto companies suddenly sold a huge amount of Bitcoin, causing the market to crash.
🥺 The numbers being shared are:
Wintermute: 9,315 $BTC
Coinbase: 8,375 BTC
BitMEX: 7,993 BTC
Binance: 5,460 BTC
Bitwise: 5,010 BTC
Bitfinex: 3,751 BTC
People are calling it a “coordinated dump.”
💡 But here’s what you need to know:
🔹These exact numbers are not confirmed by any trusted source.
🔹What is true is that a lot of Bitcoin was sold very quickly, which caused prices to fall fast.
🔹When big players sell, it scares others — and many traders panic-sell or get liquidated, making the crash even worse.
🧨 Why big BTC sell-offs cause crashes
When too much Bitcoin hits the market at once, the price drops.
Many traders use leverage — when prices fall, their positions get liquidated, causing even more selling.
This creates a rapid chain reaction.
