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Writer's pictureRaymond Chai

OTCbid - Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M



" The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts. The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard.

There appear to be two main reasons behind the abrupt upsurge of Bitcoin from $9,700 to over $10,200. They are the liquidation of over-leveraged shorts and traders taking profit from over-extended alternative cryptocurrencies (altcoins)." - Read Full Article





35K BTC BUYER

-6% Gross, -3% Net, Bank, MT 103/72

Look For Seller Mandate Only - OTCbid.com

NEW: 35K BTC @ -6% Gross, -3% Net, B2B - Look For Seller

(Seller : UK TG)

Post: 27.7.2020

  • A buyer wants 35K BTC at -6% gross, -3% net

  • Buyerside = 1.5 %

  • Sellerside = 1.5 %

PROCEDURE:

​Payment using an MT103/72

SELLER MANDATE ONLY

Interested parties should contact :

  • otcbid@gmail.com

  • Text Now: +1 (786) 438 2844

  • DM Raymond Chai (on Linkedin)

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