Reports of up US$8.6bn in crypto liquidated in the past 24 hours
20 May 2021
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.
- over 775,000 traders had their account liquidated
- which is circa $8.6 bn worth of crypto