A one sided flush just ran through Bitcoin futures. In 30 minutes, exchanges force closed $32.6M of $BTC long positions, borrowed money bets on a higher price, across the major venues.
The other side barely registered. Short liquidations, meaning automatic closures of bets on a drop, came to $417.0K in the same window.
These totals come from the raw liquidation streams of the major venues, not every exchange, so the full market figure sits at or above them.
The other side barely registered. Short liquidations, meaning automatic closures of bets on a drop, came to $417.0K in the same window.
These totals come from the raw liquidation streams of the major venues, not every exchange, so the full market figure sits at or above them.
