Reports of up US$8.6bn in crypto liquidated in the past 24 hours
20 May 2021
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Bybt.com with that number. Leveraged accounts are vulnerable to large losses in the event of large market declines.
And BTC/USD, for example, fell 50% from its recent high during the Wednesday plunge.
Bybt says:
- over 775,000 traders had their account liquidated
- which is circa $8.6 bn worth of crypto
Update:
