Bitcoin Market Faces Heavy Sell Pressure as MtGox Moves $2.7 Billion in BTC

The crypto market has experienced significant liquidation pressure recently due to movements by the defunct Mt. Gox exchange. Despite various market fluctuations, Bitcoin and Ethereum confronted notable selling pressures, leading to substantial market impact. Industry experts emphasize the importance of understanding market dynamics amidst these liquidations. Over $665 Million in Liquidations Hit Crypto Markets as