Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.
Related market data
- XRP: price 1.373, 24h -2.91%, funding 0.0005%/h, OI $260.94M
- CHIP: price 0.06024, 24h -10.65%, funding 0.0013%/h, OI $14.88M
Read the full story at coindesk.com: https://www.coindesk.com/markets/2026/10/13/tokenized-sandisk-bets-saw-more-liquidations-than-xrp-as-asia-s-chip-rout-wipes-out-usd800-million