An hour of wipeout of leveraged positions has battered major exchanges, with Binance and Coinbase warning of system strain.
A violent crypto market sell-off wiped out over $7.44 billion in trading positions within the span of an hour, sending shockwaves through the digital asset ecosystem and forcing major crypto trading exchanges, including Binance, into emergency mode.
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Source: The Street | Published: 2025-10-10T22:57:22Z
Credit: The Street
