11 Crypto Accounts Held $192 Million Near Estimated Liquidation Prices on Oct. 19

Eleven large crypto accounts held positions worth about $192 million less than 5% from estimated liquidation prices in an Oct. 19 snapshot, putting leveraged trades close to potential forced closure. The exposure covered three tokens, including Bitcoin (BTC) and Ether (ETH). The $192 million measures positions near liquidation thresholds. It is not a tally of losses or completed liquidations. For Bitcoin and Ether, short positions faced risk if prices rose toward their estimated liquidation prices. Long positions faced risk if prices fell.

Source: TokenPost