Ether liquidations were close to $70 million in the same one-hour period.
The same reading found smaller sell-side imbalances on Binance spot, OKX perpetuals and Hyperliquid perpetuals.
Zcash funds accounted for about 80% of the combined total. ZCSH and BHYP were the only funds in their respective categories to record daily inflows.
Steve Gregory said Binance.US and Binance are separate entities and do not share asset custody arrangements.
Bitwise’s team will continue monitoring the situation, while spot and lending markets may face short-term volatility.
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.
