The crypto liquidation spiral threatening another extended leg down to US$2.0T

A massive liquidation cascade served as the primary driver of this sell-off, which effectively erased over US$370 million in leveraged Bitcoin positions. The sheer scale of these forced liquidations created a self-reinforcing downward spiral that amplified what might have otherwise been a routine risk-off market movement. The average funding rate consequently flipped negative to -0.00051929, [] The post The crypto liquidation spiral threatening another extended leg down to US$2.0T appeared first on e27 .