Analysis
About $716M of Positions Gets Liquidated Due to BTC Drop Below $39,000
Due to the recent Bitcoin drop below $39,000 about $716M in longs and shorts was liquidated from the leading derivatives exchanges:
– $203M on Binance;
– $202M on OKEx;
– $102M on FTX;
– $60M on Bybit;
– $49M on BitMEX;
– $41M on Bitfinex;
– $33M on Deribit;
– $21M on Huobi.
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