Sequoia-Backed Band Protocol Token Starts Trading on Coinbase
BAND surged to 24-hour trading highs shortly after news of the listing broke.

Band Protocol (BAND) started trading on Coinbase on Thursday less than two weeks after first appearing on the exchange's exploratory list.
- BAND is the native token of the Band Protocol oracle platform, a Sequoia Capital- and Binance-financed project building links between real-world data and smart contracts.
- The token hit new 24-hour highs and was trading around $15.17 less than an hour after news of the listing broke, according to CoinGecko.
- BAND has surged around 180% since Coinbase announced on Aug. 5 that it would list the token on Coinbase Pro.
- Trading is available across the U.S. with the exception of New York State, according to Coinbase.
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More than $1.7 billion in leveraged positions were liquidated in 24 hours as bitcoin fell to $81,000, with long bets accounting for nearly all the damage amid macro jitters and Fed chair speculation.
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- More than $1.68 billion in leveraged crypto positions were liquidated in 24 hours, with about 267,000 traders forced out of trades.
- Long positions accounted for nearly 93 percent of the wipeout, led by roughly $780 million in bitcoin and $414 million in ether liquidations.
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