Analysis
About $760M of Positions Gets Liquidated Due to BTC Drop Below $51,000
Due to the recent Bitcoin drop below $51,000 about $760M in longs and shorts was liquidated from the leading derivatives exchanges:
- $272M on Binance;
- $218M on Bybit;
- $106M on OKEx;
- $101M on FTX;
- $43M on Huobi;
- $9M on BitMEX ;
- $9M on Deribit;
- $1.6M on Bitfinex.
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