Analysis
About $1.12B of Positions Gets Liquidated Due to BTC Rise Above $38,000
Due to the recent Bitcoin rise above $38,000 about $1.12 B in longs and shorts was liquidated from the leading derivatives exchanges:
– $439M on Bybit;
– $218M on OKEx;
– $218M on Huobi;
– $128M on Binance;
– $52M on BitMEX;
– $41M on FTX;
– $24M on Deribit;
– $10M on Bitfinex.
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