đ When $BTC Face-Planted (But Only on One Exchange) đ
Bitcoin didnât crash.
Reality did.
This week on Bithumb đ°đ·, BTC briefly teleported from $70K â $55K đłïžđ
Why? Not whales. Not Fed. Not FUD.
đ A typo worth billions
Bithumb meant to give users 2,000 KRW (~$1.50) as a rewardâŠ
Instead, some accounts woke up to 2,000 BTC đ”âđ«
đ§» Phantom Bitcoin enters the chat
âą No on-chain movement
âą No real BTC created
âą Just numbers living rent-free in an internal ledger
Naturally⊠people smashed SELL đ§š
BTC/KRW nuked 15% below global price
Charts screamed. Twitter panicked. Bitcoin? Chill đ
â±ïž 5 minutes laterâŠ
âą Trades flagged
âą Accounts frozen
âą Prices snap back
âą No liquidation spiral
âą No hack
âą Funds safe đ
đ§ Lesson of the day:
One exchange sneezes, Twitter catches the flu đ€§
Zoom out â Bitcoin didnât crash, bad accounting did.
Stay sharp. Stay calm.
And never trust a random wick without context đđ„