EconPulse Markets. Economy. Malaysia & The World. Tue, 13 Oct 2026
Crypto

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

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

Summary

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.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →