Analyst: Bitcoin price fell sharply within 5 minutes yesterday due to Binance Giant Whale

According to Beincrypto, the price of Bitcoin dropped sharply yesterday, from $ 9,150 to $ 8,600 in just 5 minutes. According to crypto analyst Joseph Young, the sharp drop was caused by a giant whale on Binance Exchange, which liquidated as many as 108 million long positions. However, because exchange contracts support higher leverage, some Twitter users have questioned the data.