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$2.97B of Positions Liquidated Due to BTC Drop Below $50k
Due to the recent Bitcoin drop below $50,000 around $2.97B worth of longs and shorts have been liquidated on the leading derivatives exchanges:
– $1.43B on Binance;
– $685.3M on Huobi;
– $267.4M on OKEx;
– $192.6M on Bybit;
– $188.5M on FTX;
– $116.1M on BitMEX;
– $50.6M on Deribit;
– $22.3M on Bitfinex.
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