Analysis
About $846M of Positions Gets Liquidated Due to BTC Drop Below $59,000
Due to the recent Bitcoin drop below $59,000 about $846M in longs and shorts was liquidated from the leading derivatives exchanges:
– $315M on Binance;
– $212M on Bitfinex;
– $97M on OKEx;
– $65M on Huobi;
– $63M on FTX;
– $57M on Bybit;
– $26M on BitMEX;
– $7M on Deribit.
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