Liquidation
Coverage of Liquidation in the Nexus archive.
- Jack Mallers’ Strike launches ‘volatility-proof’ bitcoin loans built to protect against liquidation
Jack Mallers’ Strike has introduced 'volatility-proof' bitcoin loans designed to prevent liquidation. The loans allow partial liquidation of collateral if a borrower misses an interest or maturity payment and fails to pay within a grace period.
- Gold Drops Below $4,100 as Tech-Led Selloff Spurs Liquidation
Gold prices fell below $4,100 as a tech-led selloff triggered liquidation. The decline was driven by market reactions to the selloff in technology sectors.
- Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Bitcoin's price crashed to $62,000, leading to the liquidation of billions in long positions. The market downturn triggered significant losses for investors holding long-term bets.
- OKX’s X Layer launches Exchange OS, allowing users to create custom crypto markets
OKX’s X Layer has launched Exchange OS, a system that shifts core exchange functions like matching, margining, liquidation, and settlement to the protocol layer, enabling users to create custom crypto markets.
- Outdoor retailer to drop huge deals in California amid liquidation
An outdoor retailer is liquidating its operations in California and offering significant discounts on inventory as part of the closure. The company is being forced to exit the market, resulting in major sales events for consumers.
- Fear of negative balance/debt on leverage: Can I lose more than 100% of my principal?
A trader seeks clarification on the risks of leveraged Bitcoin trading, specifically whether negative equity and deficit situations are possible if an exchange fails to liquidate a position quickly during rapid market crashes. The user confirms they understand the risk of losing their entire principal but are concerned about owing money to the exchange.
- Spirit Airlines prepares to shut down without a government bailout
Spirit Airlines may face liquidation due to rising jet fuel costs and stalled government negotiations over a potential bailout. The budget carrier is preparing for an imminent shutdown without financial assistance.
- 'World's first electric airline' plunges into liquidation less than three years after being launched by Just Stop Oil backer Dale Vince - and it never got one plane in the air
The world's first electric airline, backed by Just Stop Oil founder Dale Vince, has entered liquidation within three years of its launch and never operated any flights. The company failed to achieve its goal of launching electric aircraft.
- What's the dumbest crypto decision you made that accidentally worked out?
A Reddit user shared a story of taking a leveraged crypto loan on Nexo in 2022 to buy BTC before a market crash. Despite the risky move and near-liquidation, Bitcoin's eventual recovery allowed the user to pay off the loan and profit, attributing the success to luck rather than planning.
- The Onion launches new effort to turn Infowars into parody website
The Onion has proposed a plan to license Alex Jones's company, Infowars, which is facing liquidation, to transform it into a parody website. The initiative aims to leverage Infowars' existing brand for satirical content.
- Spirit Floats Government Stake to Avoid Possible Liquidation
Spirit Airlines has floated a government stake to avoid potential liquidation, as reported by Bloomberg. The airline is seeking financial measures to stabilize its operations.
- $209M liquidated from crypto markets in the last hour, with $175M only from shorts
A total of $209 million was liquidated from crypto markets in the last hour, with $175 million specifically attributed to short positions. The data highlights significant market volatility and pressure on leveraged traders.
- 400-600m in shorts just got CRUSHED
A significant number of short positions (400-600 million) were liquidated in a market event, sparking uncertainty about market stability. The Reddit user /u/Flaky_Concentrate898898 questions whether investors will 'HODL' through the volatility.