A Massive Crypto Liquidation Event Just Erased $1.5 Billion In Value. Should Investors Be Worried?

On Sept. 22, the cryptocurrency market was rattled by the abrupt liquidation of roughly $1.5 billion in leveraged long positions in top cryptos like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). That marked the biggest crypto liquidation event in more than six months.That sell-off wasn't triggered by a single event, but it still rattled the bulls who had some big gains in the crypto market during the past year. Let's review the possible causes for that sudden sell-off -- and see if investors should be worried about even steeper declines.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool