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Bookmarking Crypto InsightsMon, 05 Aug 2024 13:18:58 +0000en-US
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3232Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
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Mon, 05 Aug 2024 13:18:58 +0000https://www.digit.info/crypto-carnage-1-15b-in-leveraged-positions-annihilated-as-bitcoin-nosedives/Read more]]>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 […]