Due to the BTC drop below $12,000 $405M worth of longs and shorts have been liquidated on the leading derivatives exchanges:

– $117.78M on Huobi;

– $83.63M on Binance;

– $70.28M on BitMEX;

– $69.64M on OKEx;

– $57.03M on Bybit;

– $6.77M on FTX.

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