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Over $500M of Futures Positions Liquidated During Nov 5-6

  • November 6, 2020

Due to the recent Bitcoin surge from $14,000 to ≈$16,000 around $505M worth of shorts and longs have been liquidated on the leading derivatives exchanges:

– $163M on Binance;
– $124M on Huobi;
– $84M on Bybit;
– $68M on OKEx;
– $46M on BitMEX;
– $9.1M on Deribit;
– $8.8M on FTX.


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