"False news about the approval of Bitcoin spot ETF" has cleared BTC derivative positions exceeding 50 million dollars

ChainCatcher message, after the SEC's official account shared news about the Bitcoin ETF approval on X, Bitcoin initially rose by 2.5%, reaching a 19-month high of $47,900. Subsequently, SEC Chairman Gary Gensler stated that the account was hacked, leading to a significant drop in Bitcoin of nearly 6%, falling to $45,100. CoinGlass data shows that Bitcoin's price experienced a rise followed by a drop, with extreme volatility resulting in the liquidation of over $50 million in Bitcoin derivative trading positions on cryptocurrency exchanges within an hour.