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Crypto

Binance Price Drop Sparks Liquidation Frenzy

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A sudden price fluctuation on Binance triggered liquidations for Bitcoin ($79,107.00 · Live) trades.

On August 22, the price of Bitcoin dropped to $72,500 on Binance, while Coinbase saw a dip at $75,800.

Peter Brandt stated that Binance has experienced similar severe stop events in the past.

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