Fast Take
- Over $200M of lengthy liquidations have been worn out on March. 3, in line with Coinglass.
- Over 90% of the liquidations have been lengthy.
- This was as a consequence of a build-up of Futures Open Curiosity which continued to extend as February was ongoing.
- Final week, CryptoSlate monitored the extreme build-up of Futures OI that exceeded 500k, which consequently, gave us the liquidations we have been ready for.
The submit $200M of Bitcoin lengthy liquidations as BTC drops to $22k appeared first on CryptoSlate.
