Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

HomeCrypto NewsBitcoinCrypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

August 5, 2024

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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 […]

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btc
crypto market
Derivatives
ETH
Leveraged crypto
Liquidation
Long Positions
market crash
Sell Off
Trading Volume

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