The Kobeissi Letter|Aug 20, 2026 16:39
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.(The Kobeissi Letter)
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