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Crypto

Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Image: CoinDesk

Summary

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.

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 →