This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin pumped $2,200 after bullish CPI data and liquidated $90 million worth of shorts in just 60 minutes.
But then it dumped $4,000, erased the entire CPI pump and liquidated $134 million worth of longs in just 45 minutes.
All this while Nasdaq is holding up well.
This some crazy level of manipulation and it is happening everyday in crypto now.