ETFs lost almost $1 billion amid the fall of the crypto market
The cryptocurrency market began to fall this week. American spot ETFs Bitcoin and Ethereum faced an outflow of $1 billion. This coincided with a sharp drop in the price of Bitcoin to $112 thousand.
Bitcoin goes down: $514 million worth of traders' positions liquidated
It’s time for a correction. After a record rise in the price of BTC to $123 thousandThe value of the asset dropped to $115 thousand. This led to massive liquidations of positions.
A well-known crypto trader lost $15 million in just 10 days
Bitcoin rose to $110 thousand. The top cryptocurrency trader Qwatio has suffered staggering losses. His positions worth 1,177 BTC ($128.3 million) and 34,466 ETH ($86.82 million) were liquidated on the decentralized exchange Hyperliquid. Thus, he lost $15 million of his own funds in just 10 days.
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