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Bitcoinist
2019-06-27 21:00:19

Bitmex Sees $500 Million Bitcoin Short Liquidation in 24hrs

Bitcoin trading activity is breaking all-time records in terms of volume and open interest in Bitcoin futures. The latest trading activity has caused Bitcoin’s value to reach an 18-month high, forcing a huge amount of Bitmex short-sellers to abruptly liquidate their positions. Bitcoin Futures Hits Record Highs 4 Days Running CME saw a record volume of USD 1.6 billion and record open interest for Bitcoin contracts of USD 373 million, on June 26, 2019. TheRead MoreThe post Bitmex Sees $500 Million Bitcoin Short Liquidation in 24hrs appeared first on Bitcoinist.com.