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Crypto Selloff Liquidates $1.5 Billion in Leveraged Positions
(2 hours ago) · 1 source · Summarized by CryptoBipto
A sharp selloff in Bitcoin, Ether, and XRP led to approximately $1.5 billion in leveraged crypto positions being liquidated. The wave of liquidations affected traders who had placed leveraged bets across major cryptocurrencies.
WHY IT MATTERS
In crypto trading, some people borrow money to make bigger bets on price movements — this is called "leverage."
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SOURCES
- coindesk.com
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BTCETHXRPLiquidationsLeverage TradingMarket VolatilityRisk Management
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