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WhaleWire founder: Excessive leverage in the crypto market could trigger a major crash
15 hours ago

According to Odaily Planet Daily, WhaleWire founder Jacob King stated that the current high leverage ratio in the crypto market poses an inevitable risk of a crash. He noted that despite Bitcoin's mere 1% drop, liquidations exceeded $360 million in the past 24 hours, with over $100 million liquidated in the past 60 minutes. This phenomenon highlights the systemic risks that excessive leverage can pose when the market approaches historical highs.

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2025-08-18 16:13
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周榜
An address suspected to be associated with Longling Capital deposited 5,000 ETH worth $21.73 million into Binance
Over the past 24 hours, the entire network has experienced a liquidation of over $585 million, mainly due to long orders.
BTC rebounded above 116,000 USDT, narrowing its 24-hour decline to 1.86%.
Coinbase launches SOL and XRP perpetual contracts with up to 5x leverage
US stocks ETH treasury concept pulled up, BTCS rose 7.26%, SBET rose 4.3%
A whale spent $5.05 million USDC to buy 3.59 million AERO