Cryptocurrency
Crypto Carnage: $1.5 Billion in Bullish Bets Liquidated as Market Reels
The cryptocurrency market has been rocked by a significant downturn, witnessing a staggering $1.5 billion (and by some accounts, up to $1.7 billion) in bullish leveraged bets liquidated across various platforms. This "Red September" event has wiped over $160 billion from the total crypto market capitalization,