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More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation

The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after reaching yet another milestone saw more than $1 billion in short and long bets being wiped out in just 24 hours. According to Coinglass data […] Also read: KAIO Brings BlackRock & Laser Digital Tokenized Funds to Hedera