Bitcoin and Ether decline leads to $500 million in liquidations, but BTC enters “unprecedented” era – CoinDesk
In Monday’s trading session, crypto futures traders lost over $500 million in liquidation positions as severe volatility impacted highly leveraged long and short positions, with some major exchanges plunging as much as 12%. Data shows that Bitcoin (BTC) plunged from $43,000 to as low as $40,300, leading to declines in major tokens such as Chainlink … [Read more…]