Bitcoin’s brief dip just under $10,000 early on February 10th seems to have filled a “gap” that was left in CME futures trading at the end of Friday, according to a new report from CoinTelegraph.
Indeed, futures trading on CME closed Friday at $9,850, almost exactly the level that Bitcoin dropped to earlier today.
The dip below $10,000 may have also fueled a single trader on derivatives platform BitMEX to purchase more than $2 million worth of Bitcoin in a single transaction.
BitMEX $BTC Whale:
$2,095,187 worth of #Bitcoin bought at $9,902.59 06:04:32 2020/02/10
| Wait for the bounce, then short the corn
— WhaleTrades (@WhaleTrades) February 10, 2020
What are your thoughts on the price run? Let us know in the comments below.