Live briefing · CoinDesk
Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush
What CoinDesk reports, why it matters and what remains unconfirmed.
MarketsBy Shaurya Malwa at CoinDesk
The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Markets and price action
- Published
- Evidence status
- Single attributed publisher report
What CoinDesk reports
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.
The immediate significance
The report identifies a markets development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
Live market check
The named assets, right now
Spot quotes from Kraken, checked .
Related Articles And Podcast
Further reporting and analysis on this story.
Podcast16 min
Daily Crypto Deep Dive: Bitcoin Looks Calm — Why Traders Are Getting Wiped Out
Bitcoin barely moved over 24 hours—but beneath the calm-looking price chart, almost $286 million worth of leveraged cryptocurrency positions were liquidated.
Read the notes and play the episode