One THETA Trader Lost $11M to Liquidations as Prices Jumped 18%

One THETA Trader Lost $11M to Liquidations as Prices Jumped 18%

The trade, among the largest for mid-cap cryptos in recent months, occurred on crypto exchange Binance and formed the largest part of the $11.67 million in liquidations on THETA futures. Usually, the largest liquidations occur on futures tracking bitcoin (BTC) or ether (ETH), the two most-traded cryptocurrencies.

Originally Posted on: https://www.coindesk.com/markets/2022/03/01/one-theta-trader-lost-11m-to-liquidations-as-prices-jumped-18/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Shaurya Malwa

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