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A comment on $7.6B in crypto long positions liquidated in 1 hour as Bitcoin plunges to $52k.

Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by testing_1_2_3_4 on Sunday April 18, 2021 @11:49AM (#26853468)
What's interesting about this is I could see it coming a few days ago. Funding rates on FTX were super high, so you could see people were getting reckless with leverage leading up to this.
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Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by dkdk8283 on Sunday April 18, 2021 @11:59AM (#26853556)
FTX?
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Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by fighterpilot on Sunday April 18, 2021 @12:04PM (#26853601)
It's a crypto derivatives exchange serving non US customers.
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Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by hmate9 on Sunday April 18, 2021 @12:03PM (#26853597)
Its a crpyto exchange
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