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Bitcoin Price Dropped to $8,900 On BitMex After a User Dumped 400 BTC

A recent incident on the BitMEX exchange saw a large sell-off of Bitcoin (BTC), resulting in a temporary price drop to $8,900 on the platform. According to a report by @blckchaindaily, a user executed a large sell order of more than 400 BTC, triggering the price decline. However, the price swiftly returned to normal levels afterward.

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