Bybit CEO Ben Zhou estimates that recent cryptocurrency market liquidations may have totaled between $8 billion and $10 billion, significantly surpassing the approximately $2 billion reported by platforms like Coinglass. Zhou revealed that Bybit alone recorded $2.1 billion in liquidations over a 24-hour period, while Coinglass reported only $333 million for the exchange. He attributed this discrepancy to API limitations that restrict the amount of data exchanges can transmit per second, leading to underreporting. To enhance transparency, Zhou announced that Bybit will begin publishing comprehensive real-time liquidation data.
LIVE
Mkt Cap $2.30T
BTC Dom 56.73 %
BTC
$64,966.00
▲ +0.30%
ETH
$1,920.12
▲ +0.40%
USDT
$0.999434
▲ +0.00%
BNB
$594.69
▲ +0.90%
USDC
$0.999696
▲ +0.00%
XRP
$1.04
▲ +0.50%
SOL
$75.03
▲ +2.00%
TRX
$0.328893
▲ +0.70%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.81
▼ -3.00%
DOGE
$0.070361
▲ +1.20%
USDS
$0.999812
▲ +0.00%
RAIN
$0.01267
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$505.36
▼ -1.20%
ADA
$0.199703
▼ -0.80%
XMR
$375.74
▲ +2.00%
WBT
$56.23
▲ +0.40%
LINK
$8.34
▲ +1.60%
XLM
$0.163847
▲ +1.40%
DAI
$0.999962
▲ +0.00%
BCH
$216.61
▲ +0.50%
USD1
$0.999867
▲ +0.00%
USDE
$0.99962
▲ +0.00%
GRAM
$1.37
▲ +1.90%
Mkt Cap $2.30T
BTC Dom 56.73 %
BTC
$64,966.00
▲ +0.30%
ETH
$1,920.12
▲ +0.40%
USDT
$0.999434
▲ +0.00%
BNB
$594.69
▲ +0.90%
USDC
$0.999696
▲ +0.00%
XRP
$1.04
▲ +0.50%
SOL
$75.03
▲ +2.00%
TRX
$0.328893
▲ +0.70%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.81
▼ -3.00%
DOGE
$0.070361
▲ +1.20%
USDS
$0.999812
▲ +0.00%
RAIN
$0.01267
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$505.36
▼ -1.20%
ADA
$0.199703
▼ -0.80%
XMR
$375.74
▲ +2.00%
WBT
$56.23
▲ +0.40%
LINK
$8.34
▲ +1.60%
XLM
$0.163847
▲ +1.40%
DAI
$0.999962
▲ +0.00%
BCH
$216.61
▲ +0.50%
USD1
$0.999867
▲ +0.00%
USDE
$0.99962
▲ +0.00%
GRAM
$1.37
▲ +1.90%
BTC
$64,966.00
▲ +0.30%
ETH
$1,920.12
▲ +0.40%
USDT
$0.999434
▲ +0.00%
BNB
$594.69
▲ +0.90%
USDC
$0.999696
▲ +0.00%
XRP
$1.04
▲ +0.50%
SOL
$75.03
▲ +2.00%
TRX
$0.328893
▲ +0.70%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.81
▼ -3.00%
DOGE
$0.070361
▲ +1.20%
USDS
$0.999812
▲ +0.00%
RAIN
$0.01267
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$505.36
▼ -1.20%
ADA
$0.199703
▼ -0.80%
XMR
$375.74
▲ +2.00%
WBT
$56.23
▲ +0.40%
LINK
$8.34
▲ +1.60%
XLM
$0.163847
▲ +1.40%
DAI
$0.999962
▲ +0.00%
BCH
$216.61
▲ +0.50%
USD1
$0.999867
▲ +0.00%
USDE
$0.99962
▲ +0.00%
GRAM
$1.37
▲ +1.90%
Mkt Cap $2.30T
BTC Dom 56.73 %
BTC
$64,966.00
▲ +0.30%
ETH
$1,920.12
▲ +0.40%
USDT
$0.999434
▲ +0.00%
BNB
$594.69
▲ +0.90%
USDC
$0.999696
▲ +0.00%
XRP
$1.04
▲ +0.50%
SOL
$75.03
▲ +2.00%
TRX
$0.328893
▲ +0.70%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.81
▼ -3.00%
DOGE
$0.070361
▲ +1.20%
USDS
$0.999812
▲ +0.00%
RAIN
$0.01267
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$505.36
▼ -1.20%
ADA
$0.199703
▼ -0.80%
XMR
$375.74
▲ +2.00%
WBT
$56.23
▲ +0.40%
LINK
$8.34
▲ +1.60%
XLM
$0.163847
▲ +1.40%
DAI
$0.999962
▲ +0.00%
BCH
$216.61
▲ +0.50%
USD1
$0.999867
▲ +0.00%
USDE
$0.99962
▲ +0.00%
GRAM
$1.37
▲ +1.90%
