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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Relevant content

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Altura CEO: Decides to Orderly Wind Down Altura Treasury Due to Surge in Withdrawals

On June 22, Altura CEO Ranveer took to X (the social media platform) to announce that Altura has faced an unprecedented surge in redemption requests over the past 24 hours, with the platform already processing more than $8.5 million in instant USDT redemptions. Due to sustained redemption demand and prevailing market conditions, Altura has decided to launch an orderly liquidation of its treasury — a move aimed at prioritizing user fund security while ensuring all redemptions are completed fairly, transparently, and efficiently. The platform has notified all counterparties and partners of this decision, and has started unwinding positions across its investment portfolio, including holdings on exchanges, private credit opportunities, and real-world asset strategies. Some positions are eligible for immediate redemption, while others will follow standard settlement and redemption timelines. Altura is collaborating closely with all counterparties to speed up the process as much as possibl

4 minutes ago

A certain newly established address has invested $6.68 million to short BTC, ETH, and SOL with 20x leverage.

On June 22, according to monitoring by Onchain Lens, a new cryptocurrency address posted $6.68 million in margin to open a 20x short position on BTC, ETH, and SOL. The respective notional values of these short positions across the three assets are $27 million for BTC, $13 million for ETH, and $7 million.

4 minutes ago

South Korea's KOSPI Opens Down 1.2%, Led by Samsung Electronics

June 22 (Bitget Data) — South Korea’s KOSPI index opened lower on Monday, dropping 108.82 points, or 1.2%, to 8943.6 points. Tech giant Samsung Electronics led the decliners with a 2.54% decline, while SK Hynix gained 0.43%.

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