Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

Liquid StateOctober 13, 2026 at 12:27 AM CDTAs-of 2026-10-13 05:27 UTC

1 min read

Conceptual illustration about XRP: ai. — Editorial illustration.

Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage. As-of 2026-10-13 05:27 UTC.

Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

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A little more perspective.

Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years

Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest

An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger

Get The Brief by email