There was a time when BitMEX derivatives exchange reigned sovereign over different exchanges, and the corporate successfully held a 50% market share till July 2019. For that reason, merchants saved a detailed eye on each indicator related to BitMEX, together with its funding price, open curiosity, and foundation.
Open curiosity measures the entire variety of contracts held by market contributors. Because the determine rises increased, so does the potential measurement of liquidations. On Aug. 2, a $1,400 crash occurred as $1 billion in futures contracts had been forcefully closed on account of inadequate margins.
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