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Market Signal:BULLISH (medium Impact)

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

October 13, 2026
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05:27 UTC
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Target Assets:#CRYPTO
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
Executive AI Takeaway

Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million — Market signal: BULLISH (medium Impact)

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.
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Original report published by CoinDesk.

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