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Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

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Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

Key Takeaways

  1. About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish.
  2. Chip-stock contracts on crypto exchanges took a chunk of the damage.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.