Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Liquidations
DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch
About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a… Read More
Bitcoin, Ether Drop Leads to $370 Million in Long Liquidations
Crypto markets absorbed one of their largest leverage resets in weeks in the past 24 hours with more than $514 million in positions liquidated over 24 hours as a sharp intraday swing triggered forced selling across major derivatives venues. Data from CoinGlass shows that longs… Read More