Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions
A sudden flash crash rattled crypto markets on Oct. 10, erasing billions in leveraged positions as Bitcoin, Ethereum, and different main tokens plunged earlier than staging partial recoveries. Bitcoin fell greater than 10% at its lowest level, slipping to $101,500 earlier than rebounding to commerce close to $112,500 as of press time. Ethereum equally dropped…
