$19B Crypto Market Liquidation Sparks Debate

[ed]

Friday’s record-breaking $19 billion liquidation event wiped open interest on decentralized exchanges from $26B to under $14B, according to DefiLlama. Lending protocol fees surged past $20M in a single day, while weekly DEX volumes hit $177B. Analysts are split: was this a coordinated sell-off or a natural deleveraging cycle?

[jacson4]

A $19B liquidation shows how leveraged positions still dominate crypto markets during volatility spikes.

[alex10]

Safe-haven demand is surging again as traders price in a dovish Fed outlook.