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About $389M of Positions Liquidated Due to BTC Drop Below $29,000

  • May 27, 2022

Due to the recent Bitcoin drop below $29,000 about $389M in longs and shorts was liquidated from the leading derivatives exchanges. Worth noting, that Ethereum was the most liquidated crypto due to recent price drop below $1,800.

– $385M on OKX;
– $389M on Binance;
– $151M on Bybit;
– $61.6M on Deribit;
– $141M on FTX.


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