SanDisk-linked contract worth $4.34 million settled, outperformed ETH within the same hour
Original headline샌디스크 연계 계약 434만달러 청산, 같은 1시간 ETH 웃돌았다
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SanDisk ($SNDK)-linked derivative contracts saw $4.34 million in liquidations in the hour before 9th, exceeding Ethereum (ETH) contract liquidations over the same period as equity-linked products topped crypto derivatives liquidation rankings on a day U.S. equities rose. CoinGlass data showed total liquidations of $25.41 million in that hour, with long liquidations at $3.34 million and short liquidations at $22.07 million—shorts exceeding longs by more than six times. BlockBeats reported that short liquidations were concentrated in U.S. equity-linked contracts, including SanDisk's $4.34 million and SOXL-related positions. The event highlights how tokenized equity derivatives are increasingly driving liquidation flows alongside major crypto assets.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
SanDisk (SNDK), Ethereum (ETH), CoinGlass, BlockBeats, SOXL
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