A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
Source: CoinDesk
Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
