Analysis
About $8.13B of Positions Liquidated Due to BTC Drop Below $31,000
Due to the recent Bitcoin drop below $31,000 around $8.13B worth of longs and shorts have been liquidated on the leading derivatives exchanges:
– $3.05B on Huobi;
– $1.53B on Bybit;
– $1.18B on OKEx;
– $970.1M on Binance;
– $618.2M on Deribit;
– $482.1M on BitMEX;
– $185.8M on FTX;
– $105.8M on Bitfinex.
