News
About $3.98B of Positions Liquidated Due to BTC Drop Below $48,000
![](https://news.cryptorank.io/wp-content/uploads/2021/04/photo_2021-04-23_16-13-49.jpg)
Due to the recent Bitcoin drop below $48,000 around $3.98B worth of longs and shorts have been liquidated on the leading derivatives exchanges:
– $1.92B on Binance;
– $687.4M on Huobi;
– $658.3M on Bybit;
– $319.7M on OKEx;
– $267.8M on FTX;
– $74.1M on BitMEX;
– $38.1M on Bitfinex;
– $22.5M on Deribit.