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#FlashCrash

Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations

August 19, 2023

Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations

A market flash crash triggered over $800 million in liquidations of Bitcoin (BTC) and Ethereum (ETH) on Friday. The disastrous market event saw the two largest cryptocurrencies suffer double-digit drops in a matter of minutes.