Story thread · 3 reports / 2 sources

Company behind AI trade that caused $60 million crypto liquidations to cover all losses

coindesk.com · 13d

Company behind AI trade that caused $60 million crypto liquidations to cover all losses

How the coverage leans

Across 2 sources · syndicated copies counted once

The mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed.

First report: Crypto derivatives see $113M liquidations in 24 hours, market stress rises cryptobriefing.com, 16d

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