VictoriaPark
Markets··1 min read

Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide

Nearly $1 billion worth of crypto positions were liquidated as Bitcoin and Ethereum declined significantly, with Ethereum accounting for almost 60% of the forced closures. The price drop was about double that seen in Bitcoin.

Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Image: CoinDesk

Nearly $1 billion worth of crypto positions were liquidated as Bitcoin and Ethereum declined significantly, with Ethereum accounting for almost 60% of the forced closures. The price drop was about double that seen in Bitcoin.

Sources

  • CoinDesk — Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide

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