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"Bitcoin Volatility Arises Due to TradingView Dominance Data Error"

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YM Lee
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  • It was reported that some traders sold off due to a Bitcoin dominance data error.
  • An error in TradingView caused the dominance to plummet to 0%, leading to a panic dump among traders.
  • According to Coinglass data, approximately $33 million worth of long positions were liquidated following the dominance chart error.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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Today's correction in Bitcoin (BTC) was reportedly caused by an error in TradingView's dominance data.

According to a report by Cointelegraph on the 26th (local time), an error occurred in the TradingView Bitcoin dominance chart, causing it to plummet to 0%. This led to some traders selling off, resulting in the correction.

Famous trader Satoshi Flipper stated on his X (Twitter), "An error occurred in the TradingView Bitcoin dominance chart today. Did this cause a panic dump among traders?"

According to Coinglass data, approximately $33 million worth of Bitcoin long positions were liquidated within four hours following the TradingView Bitcoin dominance chart error.

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