Some ratelimiting going on for high volume users but matching engine/GUI/app/risk engine/etc. have been live the whole time; processing withdrawals though there's a large queue.
And, as always, way fewer liquidations on FTX than other exchanges.
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More than $2.6 billion worth of positions liquidated in the last hour. Most on Bybit as usual. $1.1B in BTC, $700M in ETH. If you ask me, a perfectly healthy leverage flush. Funding rates on alts were spiking too much
