The Binance hack has escalated, with BTC experiencing a massive sell-off of $1.688 billion.

Following the Binance hack, panic selling surged rapidly between 4:00 AM and 5:00 AM, with over $540 million dumped on BTC, including: Binance: $214 million in market sell orders executed. Hyperliquid: $332 million in selling pressure This drop was sudden; the existing buy orders couldn't keep up, and the price was quickly breached by a series of sell orders. As of 10:17 AM today, the active sell orders on the two major platforms reached $1.688 billion, causing BTC to fall by over 5%. Currently, BTC is testing $77,000 in the short term. You can use the AiCoin PRO "Large Transaction" indicator to confirm the latest selling pressure. If the active selling decreases and the buying activity picks up, the price is expected to stop falling and rebound. The data is for reference only and does not constitute any investment advice.