Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
Key Takeaways
- Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets.
- Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total.
- A rebound has since started catching short sellers.
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
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Published originally on CoinDesk
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