EconomyBitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
A selloff in bitcoin, ether and XRP triggered the forced closure of $1.5 billion in leveraged crypto bets. Nearly 84% of the liquidations were bets on rising prices, and Binance handled almost half the total. A rebound has since begun catching short sellers.
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Economy