In a surprising upheaval, the cryptocurrency sector faced a dramatic shakeup as a massive liquidation event wiped out $16 billion in leveraged positions. This triggered a precipitous fall in Bitcoin, Ethereum, and various altcoins such as XRP and Solana, which plummeted by 20% to 40%.
Continue Reading:Chaos Unleashed: A $16 Billion Blow to the Crypto Market
Source: https://en.bitcoinhaber.net/chaos-unleashed-a-16-billion-blow-to-the-crypto-market