Ai Tech
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
CoinDesk·October 13, 2026·1 min read
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage, as Asia's chip rout triggered liquidations. Tokenized SanDisk bets saw more liquidations than XRP, highlighting the impact of the selloff on crypto-linked assets.
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