What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the reason behind a flash crash is a large group of sellers (called whales) deciding to sell Bitcoin (BTC) suddenly and flood the market with supply. This overwhelms buyers and can erase billions from the market in minutes
source: https://cointelegraph.com/explained/what-is-a-flash-crash-in-bitcoin-and-why-does-it-matter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound