Chip-stock perpetual futures see $52 million liquidated in 10 minutes with Wall Street shut

• —$51.6 million liquidated between 21:22 and 21:32 UTC, with $38 million from longs
• —SOXL took the biggest hit at $12.7 million; SanDisk and SK Hynix lost about $10.8 million each
• —Binance handled $21.9 million of SanDisk trading in the first minute versus $3.1 million on Trade XYZ
• —Roughly 10 addresses opened shorts against six chip-linked contracts within 1.8 seconds