Historic Crypto Liquidation: $19.5 Billion Erased in 24 Hours
⚠️ Note: This article was repurposed from The Kobeissi Letter’s tweet. It’s official — crypto just witnessed the largest liquidation event in history, with 1.6 million traders liquidated in a single day. Over $19 billion worth of leveraged crypto positions were wiped out within 24 hours — nine times the previous record. Putting It Into…