@bankless
In a grim bit of irony, the very day Binance published its postmortem on the record-setting 10/10 liquidations, crypto investors were subjected to another brutal flash crash.
Last Friday, BTC dropped down deep into the 70s, ETH close to $2K, while more than $2.5B in leveraged positions were wiped out.
~~ Analysis by @robinson ~~
Crypto wasn't alone—gold and silver saw historic volatility too. Here's what went down.👇
https://www.bankless.com/read/unpacking-a-brutal-weekend-for-eth-btc-and-gold