Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash

Ethereum’s Aug. 4 decline might have been fueled by the liquidation of a portion of lengthy positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in simply three minutes on Aug. 4. Leap Crypto’s rumored offloading of greater than 17,500 ether cash, in addition to […]



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