Looking for Finex in that chartpic.twitter.com/BybiLugKjX
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. @bitfinex has almost 1B in open interest but extremely low liquidation rate compared to competition.
Finex seems to have traders that use leverage slightly more carefully.https://twitter.com/CryptoRank_io/status/1361259087695130626 …
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Actual Trader intelligence research
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Less degens on finex
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Need this graph as a % of each exchanges open interest... Binance has more that's why at the top... All the graph is showing is the relative exchange size
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If we could do 100x I'm pretty sure you'd see more liquidations
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To be fair you would need to look at liquidations in relation to total open interest to make this claim
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So,
@bitfinex has 1/6 of #1 exchange open interest but 1/300 in liquidation vol.https://www.coingecko.com/en/exchanges/derivatives … - Show replies
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That's because bitfinex traders are the one liquidating otherspic.twitter.com/vNk1njwlRn
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Binance is big in Asia / China... could be CNY money craze effect.
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