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Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash

You are currently viewing Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
  • Post author:Auto News Feed
  • Post published:August 10, 2024
  • Post category:Market News
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […]
Tags: Crypto Market, Digital Market, Market Analysis

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