Analysis
About $1B of Positions Gets Liquidated Due to BTC Drop Below $33,000
Due to the recent Bitcoin drop below $33,000 about $1B in longs and shorts was liquidated from the leading derivatives exchanges:
– $371M on Bybit;
– $275M on Huobi;
– $167M on OKEx;
– $93M on Binance;
– $48M on FTX;
– $39M on BitMEX;
– $7M on Deribit;
– $2M on Bitfinex.
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