AMB Crypto
2020-09-05 18:30:19

Here’s why spot traders should care about BitMEX’s $264M sell liquidations

Bitcoin’s recent price action triggered a cascade of sell liquidations on BitMEX. In fact, a total of $264 million sell orders were liquidated following Bitcoin’s price drop below $11,500. Interestingly, the U.S stock market also suffered a similar fate. However, perhaps the reactions of traders on derivatives exchanges are most important since those reactions influence […]The post Here’s why spot traders should care about BitMEX’s $264M sell liquidations appeared first on AMBCrypto.

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