![Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900 Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900](https://btcusa.com/wp-content/uploads/2024/03/Flash-Crash-on-Bitmex-Sends-Bitcoin-Tumbling-to-8900-678x381.jpeg)
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Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing the dramatic price drop while other exchanges showed prices well […]
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