Bitcoin experienced extreme volatility, with a flash crash triggering over $1 billion in liquidations. Nearly $900 million in BTC positions were liquidated, affecting 156,000 traders. Mt. Gox moved 3,620 BTC, adding to market uncertainty. Profit-taking and overleveraged positions contributed to the sell-off. Despite the turmoil, whales capitalized on the dip, with one accumulating 1,300 BTC. Analysts view this as a necessary correction, with Bitcoin trading at $98,404. #Bitcoin #BTC #Crypto #Liquidation #Volatility #Whales