bitcoin
Bitcoin (BTC) $ 95,734.65
ethereum
Ethereum (ETH) $ 2,716.45
tether
Tether (USDT) $ 0.999918
bnb
BNB (BNB) $ 655.98
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.56
binance-usd
BUSD (BUSD) $ 0.986627
dogecoin
Dogecoin (DOGE) $ 0.253461
cardano
Cardano (ADA) $ 0.761512
solana
Solana (SOL) $ 169.62
matic-network
Polygon (MATIC) $ 0.307277
polkadot
Polkadot (DOT) $ 4.79
tron
TRON (TRX) $ 0.242718
bitcoin
Bitcoin (BTC) $ 95,734.65
ethereum
Ethereum (ETH) $ 2,716.45
tether
Tether (USDT) $ 0.999918
bnb
BNB (BNB) $ 655.98
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.56
binance-usd
BUSD (BUSD) $ 0.986627
dogecoin
Dogecoin (DOGE) $ 0.253461
cardano
Cardano (ADA) $ 0.761512
solana
Solana (SOL) $ 169.62
matic-network
Polygon (MATIC) $ 0.307277
polkadot
Polkadot (DOT) $ 4.79
tron
TRON (TRX) $ 0.242718
More

    Why did 12K Bitcoin margin longs shut at Bitfinex, and why didn’t it impression BTC worth?

    Latest News

    Since Could 2022, the (BTC) margin markets on the Bitfinex trade have been suffering from an unusually excessive open curiosity of over $2.7 billion. This data alone ought to elevate a pink flag, particularly in mild of Bitcoin’s worth decline from $39,000 to lower than $25,000 throughout the identical interval.

    Merchants in search of to leverage their cryptocurrency place had borrowed over 105,000 Bitcoin. Presently, the reason for this anomaly is unknown, in addition to the variety of entities concerned within the commerce.

    Bitfinex BTC margin longs, in BTC contracts. Supply: TradingView
    OKX stablecoin/BTC margin lending ratio. Supply: OKX

    Proceed Studying on Coin Telegraph

    See also  TRALA Efficiently Raised $5M From Fundraising Rounds

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles