CoinDesk· Oliver Knight·· 1d ago
Binance Hack Sparks $1.57 B in Crypto Futures Liquidations
Original source: CoinDeskRead original
AI brief
After a $6.3 billion hack on Binance, Bitcoin traded near $77,350 and Ethereum fell, triggering a surge in crypto futures liquidations that reached $1.57 billion. The spike reflects heightened margin pressure as traders’ positions were forced to close amid market volatility.
Source: CoinDesk · coindesk.com