$19B Vanished : What Really Happened In The Crypto Market ?
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Last Friday, the crypto market experienced a brutal reversal, with nearly 19 billion dollars of open interest wiped out in a few hours. A correction of such magnitude, even in an ecosystem accustomed to volatility, immediately caught analysts’ attention and revived fears of an uncontrolled collapse. However, behind this spectacular drop, the first analyses reveal a very different scenario, that of a planned deleveraging rather than a generalized panic.
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2d ago•
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