$19B Crypto Liquidation Exposes CEX Transparency Gap
The crypto market suffered its largest-ever liquidation occasion final Friday, erasing over $19 billion in leveraged positions. It liquidated over 1.6 million merchants in a single day. The collapse sparked debate over transparency between centralized exchanges (CEXs) and decentralized finance (DeFi) techniques. Onchain Advocate Calls Out “Underreported” CEX Liquidations Jeff, co-founder of the on-chain trade…
