Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

Over the past 24 hours, approximately $800 million in leveraged positions were liquidated, with 86% being bullish bets. Chip-related stock contracts on cryptocurrency exchanges were significantly affected by Asia’s chip market downturn.

Sources

• CoinDesk — Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

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