$BTC - Liquidations spike as BTC, ETH, XRP drop together
CoinDesk reports nearly 1B in forced closures across markets
Ether made up almost 60% of liquidations among the top two assets
ETH declined roughly twice as much as BTC during the move
The outsized ETH share suggests leveraged longs were more concentrated there, though the trigger for the broad slide remains unclear.
$XRP
#Bitcoin #BTC
CoinDesk reports nearly 1B in forced closures across markets
Ether made up almost 60% of liquidations among the top two assets
ETH declined roughly twice as much as BTC during the move
The outsized ETH share suggests leveraged longs were more concentrated there, though the trigger for the broad slide remains unclear.
$XRP
#Bitcoin #BTC