Bitcoin Sell-Off Could Have Strained Exchanges, Prompting Delays Amid $9.5B in Liquidations ⚠️
A significant influx of Bitcoin sell-offs resulted in over $9.5 billion in liquidations within a 24-hour period. This massive wave overwhelmed crypto exchanges, leading to outages and disruptions. The sheer volume of trades caused matching engines to experience latency, resulting in intermittent errors and operational delays.
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