
The biggest liquidation order took place on Bybit, where a BTC/USDT trader lost $1.6 million.
BitMEX is a next generation crypto-coin trading platform, which supports highly leveraged trading via perpetual and fixed-date contracts.
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles and has offices worldwide.
The biggest liquidation order took place on Bybit, where a BTC/USDT trader lost $1.6 million.
HDR Global Trading, BitMEX’s parent company, faces a $100M penalty for BSA violations, while its founders previously settled separate charges for $10M each.
Arthur Hayes warns investors of risks from Middle East tensions affecting markets, suggesting Bitcoin may rise amid inflation and energy crises.