Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

Crypto CoinDesk By Shaurya Malwa 13 Oct 2026 05:27 1 min read
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

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