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Major Crypto Market Turmoil: $1.5 Billion Liquidated Amidst Bitcoin Crash and Binance Hack

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Major Crypto Market Turmoil: $1.5 Billion Liquidated Amidst Bitcoin Crash and Binance Hack

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

CoinDesk

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

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.

Crypto Market Crash Wipes Out $1.5 Billion in Bitcoin, ETH, SOL, and XRP Bets

Coinpedia

Crypto Market Crash Wipes Out $1.5 Billion in Bitcoin, ETH, SOL, and XRP Bets

Bitcoin Crashes to $76K, $1.5B Liquidated After Crypto’s Biggest Hack

CryptoPotato

Bitcoin Crashes to $76K, $1.5B Liquidated After Crypto’s Biggest Hack

Over 230,000 traders have been wrecked in the past 24 hours.

Bloomberg

Bitcoin Drops on Binance Hack as Stock Selloff Also Weighs

Bitcoin fell below $77,000 for the first time in over a month after Binance Holdings, the world’s largest crypto exchange, said it had been hacked.

Binance loses over $6 billion in 'biggest crypto hack in history'

CoinDesk

Binance loses over $6 billion in 'biggest crypto hack in history'

Crypto prices are sliding on the news, with bitcoin falling back to $77,000, though Binance's co-CEO said it would cover all losses.

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