Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Bitcoin Market Sees Largest Flush of the Cycle with $818M in Realized Losses
The recent drop in Bitcoin's value has triggered the largest flush of the cycle, with investors locking in a staggering $818 million in losses. This significant loss highlights the intensity of the market move and the challenging conditions that have arisen as liquidity thinned below key support levels.
The massive loss is a testament to the rapid decline in investor confidence, which has led to a surge in sell-offs and a subsequent decrease in market liquidity. As a result, market participants are facing increasingly difficult conditions, making it challenging to navigate the current market landscape.
The $818 million in realized losses is a significant indicator of the market's bearish sentiment and highlights the need for investors to be cautious and adapt to the changing market conditions. As the market continues to evolve, it remains to be seen how investors will respond to the current challenges and whether the market will experience further volatility.
#Join Honor Credits Draw & Win MacBook Air and Merch #White House Crypto Summit #Which Coins are You Bullish on for March? #BTC #ETH