Nearly $1 billion in derivatives positions were liquidated over 24 hours as Bitcoin slid below $78,000 on Oct. 29, after a suspected attack drained crypto worth as much as $5.9 billion from Binance hot...
Summary
- Nearly $1 billion in derivatives positions were liquidated over 24 hours as Bitcoin slid below $78,000 on Oct.
- 29, after a suspected attack drained crypto worth as much as $5.9 billion from Binance hot wallets.
- 29, when a first Ethereum transaction sent 167,464 ETH plus 63 token transfers, including 1.615 billion USDT, to a brand-new address.
- Estimates of the total vary widely: an early on-chain count put it near $2.8 billion, whileblockchain analytics firm Chainalysis estimated $5.912 billion as of Oct.
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