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Crypto Sheds $390B in Worst Week Since FTX as $7B Gets Liquidated

Crypto Sheds $390B in Worst Week Since FTX as $7B Gets Liquidated

Approximately $7 billion in leveraged positions were liquidated across the market over the same period, with around $5.7 billion of those being long positions.

Crypto News

The digital asset market lost approximately $390 billion in total value during the week ending June 6. Total crypto market capitalization fell to just above $2 trillion, compared with a peak of nearly $4.2 trillion reached in October 2025, according to TradingView. Approximately $7 billion in leveraged positions were liquidated across the market over the same period, with around $5.7 billion of those being long positions, per CoinGlass. Monday and Friday recorded the heaviest single-day flushes.

Bitcoin (BTC) fell 17.3% across the week, while Ethereum (ETH) dropped 22%….

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