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Cryptopolitan 2023-10-17 11:05:37

Whale loses $50k in minutes due to fake Bitcoin ETF news

A significant misstep cost a cryptocurrency whale nearly $50,000 after falling victim to fake news regarding a Bitcoin Spot ETF. The investor hastily bought 20.5 Wrapped Bitcoin (WBTC) for 613,201 USDC, only to sell at a loss of 563,970 USDC. This financial blunder occurred within a mere ten-minute window, highlighting the volatility and sensitivity of ... Read more

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