@wildc4tch4rm.eth
Over 117,380 traders were liquidated in the last 24 hours, with total losses hitting $5.01 billion — the largest single-day liquidation event in crypto history. Binance, OKX, BitMEX, and Bybit saw the brunt, as shorts took 60% of the hit. Even industry veterans weren’t spared — BitMEX co-founder Arthur Hayes sold 2,373 ETH ($8.3M) amid the chaos. Analysts warn this could trigger new waves of regulation.
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