Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Summary
A sharp market downturn led to nearly one billion dollars in cryptocurrency positions being forcibly closed. Ether experienced the majority of these liquidations, dropping at twice the rate of bitcoin alongside declines in XRP.
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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