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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.

· 1 min read · 92 words · via CoinDesk

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Wire briefing

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.

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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