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Crypto Futures See $300M in Losses After Spot Market Drops

Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.

Updated May 11, 2023, 4:45 p.m. Published Dec 28, 2021, 11:02 a.m.
Futures positions were liquidated as spot crypto markets dropped. (ChislovaArina/Shutterstock)