
Crypto Update | What the Regulators Said at DC Fintech Week
Markets Outlook
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Introduction
The crypto market is seeing its largest short liquidation since July of 2021, with some traders taking huge losses as the price moved upwards. The last 24 hours saw in total $908 million worth of short liquidations that's across all exchanges, including FTX. Axie Infinity started releasing previously restricted AXS tokens to early investors and insiders as part of a massive $200 million unlocking event.
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