Sentiment: Negative
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Crypto Flash Crash Wipes Out $500M in Long Positions
By Qadir AK at 2026-09-28 10:02
Sentiment: Negative
The post Crypto Flash Crash Wipes Out $500M in Long Positions appeared first on Coinpedia Fintech News The crypto market saw a sharp sell-off, with Bitcoin falling 2.5%, Ethereum 5%, Solana 11.5% and XRP 37%. Around $500 million in long positions were liquidated within an hour, pushing total 24-hour liquidations toward $1.82 billion. Most of the liquidations involved leveraged long positions on major exchanges, including Binance. The drop highlights how high leverage … Continue reading...
Categories: Short News
Tags: #Short News #Price Analysis
Source Coinpedia