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Chip-Stock Bets Lost $52 Million in 10 Minutes with Wall Street Shut

Summary by Coin Desk
A 10-minute flush hit round-the-clock chip-stock contracts while U.S. markets were shut, leaving traders with no real share price to lean on.

2 Articles

Coin DeskCoin Desk
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Chip-stock bets lost $52 million in 10 minutes with Wall Street shut

A 10-minute flush hit round-the-clock chip-stock contracts while U.S. markets were shut, leaving traders with no real share price to lean on.

·New York, United States
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Crypto BriefingCrypto Briefing

SOXL liquidations lead $52M chip-stock wipeout in 10 minutes while Wall Street was closed

Off-hours trading volatility highlights risks of leveraged positions, potentially deterring investors from perpetual contracts in semiconductor assets.

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Coin Desk broke the news in New York, United States on Sunday, October 18, 2026.
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