In the past 12 hours, ORDI's position liquidated to US$14.94 million, second only to BTC
According to Coinglass data, ORDI liquidated 14.9409 million US dollars in the past 12 hours, second only to BTC (Ethereum liquidation was 13.77 million US dollars), of which long positions were liquidated about 9.286 million US dollars, and short positions were liquidated about 5.655 million US dollars.
Previously reported that Luke Dashjr, a Bitcoin Core developer, posted on social media this morning that "Inscriptio" is using a vulnerability in the Bitcoin Core client to send junk information to the blockchain, and if the vulnerability is fixed, it means that Ordinals and BRC-20 will no longer exist. ORDI subsequently fell more than 36% during the day, falling below $42 at one point. About an hour ago, Luke Dashjr again stated that "it is not necessary to eliminate all inscriptions to provide value to Bitcoin." Subsequently, ORDI rebounded by about 30% within an hour and is now priced at $57.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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