CEXs Face Claims Of Massive Liquidation Undercounts

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Today in crypto, following a massive crypto crash over the weekend, Hyperliquid CEO Jeff Yan and data platform CoinGlass warned that the liquidation reporting method used by centralized exchanges, such as Binance, may undercount actual liquidations, the US government entered its third week of shutdown, with the decision of 16 crypto ETFs hanging in the balance, and US and China representatives signal easing trade tensions.

Centralized exchanges face claims of massive liquidation undercounts

Hyperliquid co-founder and CEO Jeff Yan claimed that the way…



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CEXs Face Claims Of Massive Liquidation Undercounts


Today in crypto, following a massive crypto crash over the weekend, Hyperliquid CEO Jeff Yan and data platform CoinGlass warned that the liquidation reporting method used by centralized exchanges, such as Binance, may undercount actual liquidations, the US government entered its third week of shutdown, with the decision of 16 crypto ETFs hanging in the balance, and US and China representatives signal easing trade tensions.

Centralized exchanges face claims of massive liquidation undercounts

Hyperliquid co-founder and CEO Jeff Yan claimed that the way…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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