Analysis
About $3.72B of Positions Liquidated Due to BTC Drop Below $47,000
Due to the recent Bitcoin drop below $47,000 around $3.72B worth of longs and shorts have been liquidated on the leading derivatives exchanges:
– $1.19B on Huobi;
– $1.00B onBybit;
– $517.7M on Binance;
– $517.6M on OKEx;
– $230.3M on Bitfinex;
– $136.6M on BitMEX;
– $68.1M on Deribit;
– $66.5M on FTX.
