Ether Bets Were Wiped Out at Six Times Bitcoin’s Rate in Crypto’s $1 Billion Flush

Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush

About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.

Ether liquidations hit six times bitcoin rate in $1.19B crypto flush - The Blockopedia

The late-Thursday crypto selloff was broad, but ether traders felt it far more than bitcoin holders. Over 24 hours, about $356 million in ether positions were liquidated, compared with $298 million for bitcoin. That gap stands out because bitcoin’s market value is more than five times ether’s. By that measure, ether took roughly six times […]

Ether Traders Took the Hardest Hit in Crypto's $1.19 Billion Leverage Flush

Ether traders absorbed roughly $356 million in liquidations as a crowded crypto market shed $1.19 billion in leveraged positions.

Ether Traders Wiped Out at Six Times Bitcoin's Rate in Crypto's $1 Billion Liquidation Flush - CryptoGazette

Ether suffered $356 million in liquidations over 24 hours, six times bitcoin's rate by market value, as $1.19 billion in crypto bets were wiped out.

Greed holds as altcoins crack under heavy liquidations

Altcoins bled and over a billion in liquidations hit while Bitcoin held near $82,502 and greed stayed high. Our strategist read on the flush.