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

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Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
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Source: Bitcoin.com

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 […]

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Author: Terence Zimwara

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