Due to the recent Bitcoin (https://cryptorank.io/currencies/bitcoin/price-chart) drop below $54,000 around $1.74B worth of longs and shorts have been liquidated on the leading derivatives exchanges:

– $540.9M on Huobi;
– $395.4M on Binance;
– $389.3M on Bybit;
– $260.8M on OKEx;
– $67.1M on Bitfinex;
– $58.3M on FTX;
– $17.4M on BitMEX;
– $8.68M on Deribit.