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Crypto.com Amplifies X Post Claiming $3.2 Billion in Weekly Liquidations

The post from @cryptocom_rni put crypto-market liquidations at $3.2 billion last week.

A phone beside a snapped steel lever under amber light / TokenPost.ai
A phone beside a snapped steel lever under amber light / TokenPost.ai

Crypto.com amplified an X post from @cryptocom_rni claiming crypto-market liquidations totaled $3.2 billion last week. The figure refers to positions forcibly closed in leveraged trading.

An exchange may close a leveraged position if the trader’s remaining collateral falls below the required maintenance margin.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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