Crypto Downtrend Continues as "Whale" is Forced to Sell Again

BlockBeats News, June 5th, according to Hyperinsight monitoring, this evening, the cryptocurrency market continued to decline. Bitcoin once again fell below $62,000, while Ethereum dropped to $1,655, approaching the "Buddy" long liquidation line at $1,641.87, forcing further deleveraging.

At the time of writing, their long position was valued at $2.15 million.