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

CoinDesk· Shaurya Malwa· Oct 13, 2026 · 5:27 AM
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.

This is a summary. Read the complete story at CoinDesk below.

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