Community Articles
via CoinDesk · By CoinDesk Staff
Crypto slides on Strait of Hormuz shock as $897 million in long liquidations pile up
CS
CoinDesk Staff(10:44 AM UTC)
1 min read
BTC dropped to its lowest since April 13 and ETH broke below $2,000 as U.S. airstrikes stoked inflation concerns, wiping out nearly $900 million in leveraged longs.
What to know:
- Nearly $958 million of crypto positions were liquidated in 24 hours, with longs accounting for $897 million of the total as investors shifted to risk-off sentiment following airstrikes in the…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles