30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says

30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says

The post 30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field…

30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says - Coin Surges

Galaxy Digital CEO Mike Novogratz says the October 10th crash in crypto was far more than a routine shakeout, claiming that roughly a third of market makers in parts of the ecosystem were effectively wiped out. “We had a flash crash and it did a lot of damage to the fabric of the market,” Novogratz told Anthony Scaramucci on the first-ever episode of “All Things Markets,” recorded November 26. “Even on Hyperliquid, the market makers, you know, 3…

30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says

Galaxy Digital CEO Mike Novogratz says the October 10th crash in crypto was far more than a routine shakeout, claiming that roughly a third of market makers in parts of the ecosystem were effectively wiped out. “We had a flash crash and it did a lot of damage to the fabric of the market,” Novogratz told Anthony Scaramucci on the first-ever episode of “All Things Markets,” recorded November 26. “Even on Hyperliquid, the market makers, you know, 3…