Ether Bets Were Wiped Out at Six Times Bitcoin’s Rate in Crypto’s $1 Billion Flush

Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush

About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.

Ether Liquidations Exceed Bitcoin's In $1.1B Flush

A late-Thursday leverage flush liquidated more Ether positions than Bitcoin's despite ETH's far smaller market value, with over $1 billion in longs wiped out across crypto.

Crypto Market Liquidations Reach $1.19 Billion as Ether Takes Heavy Hit

More than $1 billion in bullish positions were liquidated, while Ether liquidations reached $356 million compared with $298 million for Bitcoin.

Ether longs take the brunt of crypto's $1 billion liquidation flush

The liquidation event highlights the risks of high leverage in crypto trading, emphasizing the need for cautious positioning and market awareness.