Crypto: $171B Leveraged Positions Wiped Out
Crypto markets saw $171 billion in leveraged positions liquidated over the past year, underscoring persistent deleveraging in Bitcoin and BTC derivatives.
SourceAnalysis
Crypto markets absorbed a $171 billion wipeout in leveraged positions over the past year, with Bitcoin and BTC futures bearing the brunt of cascading liquidations that accelerated deleveraging across derivatives desks.
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