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Bulls Get Rekt

Crypto investors fight the worst dip in months
Jack Inabinet Jack Inabinet Dec 11, 20231 min read
market analysis Bulls Get Rekt

Crypto markets are having their worst day since August. Bitcoin is down 7.3%, Ether has fallen 7.5%, and the total crypto market cap (TOTAL) is defending $1.5T. Is this pullback a chance to buy the dip?

Over $480M in long and short trades have been liquidated during the last 24 hours as a result of the market volatility, making this liquidation event the largest since early November.

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Jack Inabinet

Written by Jack Inabinet

277 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business and remains based out of the Seattle area.

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