Post-Mt. Gox payouts lead to worst crypto liquidations day since FTX collapse

The news of Mt. Gox moving Bitcoin (BTC) and Bitcoin Cash (BCH) to a new wallet prompted a 6% on BTCs price in a few hours. According to TradingView data shared by X user Honeybadger, over $1 billion got liquidated yesterday, making it the day with the most liquidations since the FTX collapse. https://twitter.com/HoneybadgerC/status/1809034098746196178Although Bitcoin showed signs of recovery... source: https://cryptobriefing.com/mt-gox-crypto-liquidations/