AiCoin editor shares: Behind BTC's cliff like decline: Major spot traders crazily smash over $240 million! BTC drops over 5.4%, cryptocurrency contract market hits $511 million! According to AiCoin tracking, large-scale shipments by the main force were one of the main reasons for the BTC pullback this time. After 9:30 pm last night, Binance, OKX, and Coinbase have all experienced large sell orders that hit the market: Binance's main force sold $132 million, with an average price of 93270.82 OKX major investor sold 57.6962 million US dollars, with an average price of 93232 Coinbase's main shipment is $57.4055 million, with an average price of $92900.23 It is worth noting that after BTC hit a short-term bottom, major Coinbase investors took the lead in buying at the market price, buying $32.315 million. However, Binance's main players continue to sell, and there is still a risk of short-term correction. The data is sourced from the PRO large transaction indicator and is for reference only. It does not constitute any investment advice