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

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This is the summary CoinDesk publishes in its feed. The full article lives on their site.
The trader valued the robbery at about $800,000. Transaction records show the Solana address he identified received nearly 719,000 USDC, which later moved on.
Crypto liquidations amounted to $771 million over the past 24 hours, including $685.6 million in long positions.
The fund says demand for round-the-clock access is real, but building deep, liquid and resilient markets remains a challenge.