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Over a billion dollars liquidated in crypto?s worst day since FTX

Posted on 08/22/2023

Over a billion dollars liquidated in crypto?s worst day since FTX

Key Takeaways Last week saw crypto suffered its worst 24 hours since FTX as over one billion dollars in derivatives were liquidated on Thursday Derivative volume outstrips the extremely low spot volume, with cascading liquidations having the potential to exacerbate price moves Volatility was sparked by sell-off in the bond market Developments re-affirm how vulnerable […]

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