Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
Submitted by Anonymous (not verified) on Mon, 08/05/2024 - 16:50
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass Liquidation Madness On Monday morning, the crypto market faced […]