BUSINESSCOINDESK
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%
Bullish cryptocurrency investments lost $1.6 billion as Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) prices dropped 9%. The decline reflects significant financial losses for holders of these major cryptocurrencies.
Related Signal
Adjacent reporting
- Bitcoin retreats below $80,000, liquidating $300 million in futures bets
- Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
- Trump Media posts $406M quarterly loss as crypto bets turn sour
- Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
- Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million
- Bitcoin loses grip near $80,000 as ETH, SOL, DOGE fade on profit-taking