Crypto Futures See $300M in Losses After Spot Market Drops – CoinDesk
A drop in crypto markets from Monday evening prompted almost $300 million in liquidations across several crypto futures contracts, data from analytics tool Coinglass showed. Bitcoin prices rose above $52,000 on Monday before tumbling by as much as $3,000 early Tuesday, causing over $94 million in liquidations. Liquidations occur when an exchange forcefully closes a […]