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About $3.98B of Positions Liquidated Due to BTC Drop Below $48,000

  • April 23, 2021

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.

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