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Binance Selling Preceded $51.6M Weekend Liquidations in SOXL-Linked Futures

Binance Selling Preceded $51.6M Weekend Liquidations in SOXL-Linked Futures

Photo: Coinotag

Semiconductor-linked perpetual futures on crypto venues turned a quiet Saturday into a liquidation event. On October 17, derivatives data shows positions worth $51.6 million were force-closed in ten minutes beginning at 21:22 UTC, while the equity markets those contracts track were shut for the…

Source: Coinotag

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