AI Chip Bets Suffer $34M Liquidation Wipeout As Bitcoin, Ethereum Near Danger Zone Ahead Of Black Monday Fears Crypto venues recorded over $33 million in liquidations tied to AI chip stocks, with leveraged long positions accounting for most losses. SOXL contracts led with $13.05 million liquidated, followed by SanDisk and Micron. Bitcoin traded near its $80,862 long liquidation-risk level, while Ethereum hovered close to its comparable $2,354 threshold.
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