The Kobeissi Letter(@KobeissiLetter):BREAKING: Crypto markets officially post their 7th largest liquidation event in history, with $3.5 billion in levered positions liquidated in 24 hours. In 24 hours, crypto markets added +$280 billion in market cap. That's +$12 billion in market cap per hour for 24 hours straight.

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The Kobeissi Letter@KobeissiLetter

2026.08.20 16:38

BREAKING: Crypto markets officially post their 7th largest liquidation event in history, with $3.5 billion in levered positions liquidated in 24 hours. In 24 hours, crypto markets added +$280 billion in market cap. That's +$12 billion in market cap per hour for 24 hours straight.