Over $1.3B in leveraged crypto longs liquidated in 5 hours after Binance hack; $2.3B in USDT and USDC frozen out of $5.70B outflow

Over $1.3 billion in leveraged crypto longs have been liquidated in the past 5 hours, following the Binance hack in which an estimated $5.7 billion in cryptocurrency was stolen, making it the largest hack in crypto history. Separately, $2.3 billion in USDT and USDC has been frozen out of the $5.70B outflow.

Detected & updated continuously · Source: Nebula