Analysis
About $590M of Positions Gets Liquidated Due to BTC Drop Below $61,000
Due to the recent Bitcoin drop below $61,000 about $590M in longs and shorts was liquidated from the leading derivatives exchanges:
$196M on Binance;
$148M on OKEx;
$113M on FTX;
$48,4M on Bybit;
$30,7M on BitMEX;
$28,7M on Huobi;
$13,1M on Bitfinex;
$9,7M on Deribit.
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