$230 Million: BitMEX CEO Reveals Exchange Liquidated Short Positions When BTC Pumped

in #bitcoin • 6 years ago

" BitMEX CEO Arthus Hayes has recently revealed, speaking to CNBC, that his cryptocurrency exchange has liquidated $230 million in short positions in only a few minutes when bitcoin's price pumped earlier this week."

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Notably the squeeze didn't affect US users because regulations in the country stop them from using futures exchanges like BitMEX.

#btc #bitmex #busy #crypto
6 years ago in #bitcoin by
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     6 years ago 

    Good update

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       6 years ago 

      Whales playing with us all lately. This morning both longs and shorts were wrecked. Seems bullish to me. Someone is trying to accumulate BTC. Loved Hayes on CNBC by the way. He always does a good job on screen.

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         6 years ago 

        Great info for crypto investers thanks frsvp

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