Bitcoin and ether volatility around the Federal Reserve's rate decision wiped out about $280 million in leveraged positions, clearing roughly 90,000 traders as bulls and bears took unusually even losses. The move came even as prices were flat over the past 24 hours, according to CoinDesk, underscoring how sharp intraday swings can force liquidations without a large net change in spot prices.
Bitcoin, Ether Whipsaw Wipes Out $280 Million Even As Prices Remain Flat Over 24 Hours
- Sources
- Binance News
- Markets
- Crypto
- Active symbols
- BITSTAMP:BTCUSD, BITSTAMP:ETHUSD
- Language
- English
Bitcoin and ether volatility around the Federal Reserve's rate decision wiped out about $280 million in leveraged positions, clearing roughly 90,000 traders as bulls and bears took unusually even losses. The move came even as prices were flat over the past 24 hours, according to CoinDesk, underscor…