Crypto Price Whipsaw Triggers $256M in Liquidation Losses
This week’s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows. Source
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XRP Liquidations Soar as SEC Lawsuit, Token Airdrop Whipsaw Markets
Liquidations for XRP futures contracts have soared at year’s end as bullish signals in November followed by decidedly bearish news in December whipsawed the token’s price.Over $1.5 billion worth of XRP futures contracts have been liquidated since the start of November, per data from analytics provider Bybt. Barely $700 million
Read MoreFollowing whipsaw launch, Filecoin looks to weeklong conference for stability
Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. Billed “Filecoin Liftoff Week,” the event is centered on education, infrastructure, interoperability, and future
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