trade.xyz repays traders after a stock glitch erased $60M in crypto longs

AI Summary The trading platform trade.xyz has started to repay traders whose leveraged trades were cancelled after a single wrong SK hynix order in South Korea, which later led to around $60 million in long liquidations on Hyperliquid. This situation shows how one mistake in the traditional stock market can easily carry over to the world of... fulltext: 334 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/trade-xyz-repays-traders-after-a-stock-glitch-erased-60m-in-crypto-longs/ Source: CryptoPolitan