Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
5 Articles
5 Articles
Bitcoin hovers near $83K as Asian stock sell-off triggers over $800 million in crypto liquidations
Bitcoin hovered around $83,300 on Wednesday as a sharp sell-off in Asian equities triggered over $800 million in crypto liquidations. Broader macroeconomic uncertainty, softening institutional ETF demand, and rising tech volatility continue to weigh on investor sentiment despite large-scale accumulation at lower support levels.
The liquidations on chip and crypto shares have exceeded $800 million in the last 24 hours. SanDisk positions have suffered more forced closures than those on XRP. Key points Futures on SanDisk have scored $19.5 million in liquidations, more than the total of XRP. The [...]
Liquidations in crypto and chip stocks top $800M across 10 exchanges
SanDisk bets suffered more forced liquidations than XRP over the past 24 hours, as losses across crypto and chip-stock positions topped $800 million . The comparison shows how leveraged bets on semiconductor shares now sit alongside digital assets on crypto exchanges-and face the same forced...
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