A whale's $12 million Bitcoin short position was liquidated by a single order on Binance's BTCUSDT perpetual futures market, highlighting leverage risks in crypto.

Crypto liquidations reached $934.24 million in a 24-hour period, wiping out approximately 167,400 leveraged trading accounts. Bitcoin liquidations accounted for $363 million of…

A whale's $12 million Bitcoin short position was liquidated by a single order on Binance's BTCUSDT perpetual futures market, highlighting leverage risks in crypto.