Due to the recent Bitcoin (https://cryptorank.io/currencies/bitcoin/price-chart) drop below $57,000 around $2.2B worth of longs and shorts have been liquidated on the leading derivatives exchanges:

– $869.5M on Binance;
– $616.6M on Bybit;
– $340.5M on Huobi;
– $106.7M on OKEx;
– $99.3M on Bitfinex;
– $81.7M on BitMEX;
– $44.6M on FTX;
– $8.2M on Deribit.