Tron Founder Justin Sun Dispels Leverage Trading Liquidation Rumours
Justin Sun denies involvement in recent crypto market liquidations amid a significant market drop and heightened volatility.
![image Edmund](https://image.coinlive.com/24x24/cryptotwits-static/2488f86d7c9c42855a452b202bf85f6c.png)
Justin Sun denies involvement in recent crypto market liquidations amid a significant market drop and heightened volatility.
Ethereum’s 2025 Pectra upgrade poses significant risks, including concerns about client, operator, and cloud diversity, according to a new report from Liquid Collective and Obol.
XRP faces liquidations totaling $1.32 million, predominantly affecting long positions. Market sentiment remains bearish, reflected in declining trading volume and open interest. Despite challenges, experts anticipate a bullish trajectory, advocating for accumulation as XRP trades at around $0.6.
Genesis seeks court approval to liquidate $1.6 billion in Grayscale Trust assets amidst bankruptcy, aiming to mitigate risks and maximize creditor returns amid market volatility.
FTX, the troubled cryptocurrency exchange, abandons plans for revival, opting for liquidation to repay customers after failed negotiations. Despite pricing controversies, FTX strives for full repayment, prompting scrutiny from the UK crypto community and underlining the need for regulatory safeguards.
Evergrande faces a critical liquidation hearing tomorrow, backed by key bondholders seeking to dissolve the debt-ridden giant. Uncertainty looms over share trading and asset sale, raising concerns about market impacts and potential repercussions for the broader construction industry.
Team Liquid pioneers a transformative alliance with Illuvium, engaging in NFT collaboration and esports integration, marking a significant stride in the intersection of mainstream esports and Web3 gaming.
Hodlnaut creditors said they would prefer the company undergo liquidation after rejecting a restructuring proposal.
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
The Ethereum co-founder had reportedly received about 5,000 ETH before making the deposit into Uniswap, where he swapped ETH for USDC.