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    Home » On the stock exchange BitMEX liquidated short positions at $ 131.4 million

    On the stock exchange BitMEX liquidated short positions at $ 131.4 million

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    By BlockchainJournal on May 27, 2019 News
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    During yesterday's rapid growth of Bitcoin on the BitMEX derivatives exchange, in just a few hours, short positions of $ 131.4 million were eliminated, Chepicap reports.

    So, against the background of a jump to marks near $ 9000, almost 40 million short positions and only 287 thousand long positions were placed on BitMEX:

    However, at the time of writing the material, longs prevail over shorts – 1 million long and 58 thousand short positions. This is most likely due to FOMO , that is, the desire of the market crowd to jump "into the last car of the departing train."

    The BitMEX insurance fund continues to grow. It currently stores 26,667.5886 BTC or about $ 234 million.

    As for Bitfinex, long positions also prevail on this exchange:

    Four hour BTC / USD chart of Bitfinex from TradingView

    Recall the recent exchange BitMEX again included in its index of Bitcoin market quotes Kraken .

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