Nearly $1.9 billion worth of OI was liquidated in the last 24 hours. By far the most on Binance - about $840M
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Good proxy of concentration of gambling retail on each exchange. Surprised to see FTX so low, they charge higher fees for higher leverage, is it the reason? Or either retail flow there is not as good as many think
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Also I think that when people think "where should I go to hold a large, well collateralized position" they think FTX; when people think "where should I go to get liquidated", they're like "LOL BitMEX"
haha, "LOL BitMEX" is currently being replaced by "LOL ByBit"
being serious, how did manage to get less gambling retail? I thought that altcoin perps with leverage was the key attraction
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