Someone Was Liquidated for $40 Million as Bitcoin Slumps by $10K Daily

Description

It’s safe to say that bitcoin went through one of its most painful 24 hours as the asset plunged by over 10%, which in terms of USD meant a $10,000 decline. Such massive volatility not only brought the entire crypto market down but caused mind-blowing liquidation numbers of $1.6 billion on a 24-hour scale. One particular wrecked position, though, caught many people’s attention. Data from CoinGlass shows that nearly 390,000 traders have been wrecked in the past day. Naturally, almost all of the $...