SEC's Hacked Tweet Triggers $220M Losses for Over 70,000 Traders in Bitcoin ETF Market 🚨

A security breach on the SEC's social media led to a misleading tweet, causing massive liquidations and losses exceeding $220 million among traders, especially on Binance and OKX. Learn how this incident impacted the crypto community.

Benzinga•279 views•1:01

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The SEC's social media breach impacted over 70,000 traders, with a majority suffering losses in long positions.

Binance and OKX experienced the highest liquidation volumes, totaling $83.88 million and $73.97 million respectively.

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Published
Jan 10, 2024

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