The volume of liquidations has reached the mark of 19+ billion dollars.
It is obvious to me that such moments raise a big question about the future of futures trading in crypto in general and I will repeat once again that they also raise questions about the pricing policy in crypto when crypto has no protective mechanisms against price drops due to liquidations that form new liquidations, and thus the snowball effect grows to a price close to 0.
It is obvious to me that crypto exchanges will have to develop mechanisms to protect prices from such scenarios. After all, the first such case is certainly not the last.
It is obvious to me that such moments raise a big question about the future of futures trading in crypto in general and I will repeat once again that they also raise questions about the pricing policy in crypto when crypto has no protective mechanisms against price drops due to liquidations that form new liquidations, and thus the snowball effect grows to a price close to 0.
It is obvious to me that crypto exchanges will have to develop mechanisms to protect prices from such scenarios. After all, the first such case is certainly not the last.
