M1ner22
@m1ner22
Cryptocurrency markets are getting increasingly precarious. Leverage exchange ByBit may be facing a looming crisis. With $7.5B in unbacked leveraged positions, the risk of a market downturn is catastrophic. Their insurance fund, holding $400M, seems insufficient to cover losses. A worst-case scenario could see users losing up to 2/3 of their assets.
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