Due to the recent Bitcoin drop from $34,500 to $28,900 around $1.22B worth of longs and shorts have been liquidated on the leading derivatives exchanges:

– $505M on Binance;
– $254M on Huobi;
– $203M on Bybit;
– $93M on BitMEX;
– $87M on OKEx;
– $39M on FTX;
– $27M on Deribit;
– $11M on Bitfinex.

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