BTC 15-minute sharp drop 0.70%: liquidity depletion combined with leveraged liquidation triggers short-term sell-off
On June 29, 2026, between 02:00 and 02:15 UTC, BTC dropped 0.70% in 15 minutes, falling from $59,512.2 USDT to $58,900.0 USDT, with an amplitude of 1.03%. This period, which is typically a low-liquidity window before Asian market opens and during late US market hours, saw heightened volatility, drawing market attention. The main drivers of this movement were a liquidity drain combined with a leveraged liquidation cascade. During 02:00-02:15 UTC, major Asian trading markets such as Tokyo and Seou
BTC-1.47%
GateNews·06-29 02:17

