CryptoCoinDeskabout 1 hour ago
Chip rout wipes out $800 million in bets
3 min read
About $803 million in leveraged crypto positions were liquidated over 24 hours, with 86% being bullish bets on chip stocks like SanDisk. Bitcoin briefly fell below $81,000 before recovering above $83,000, clearing long leverage ahead of Thursday's U.S. inflation report.
Level
Hype check
Tap to vote and see what everyone thinks.
