ExchangesBlockchain

BitMEX to Liquidate $131.4M Worth Shorts

Additionally, BitMEX insurance fund continues to grow. It currently stores 26,667.5886 BTC or about $ 234 million
27 May 2019   448

During yesterday's rapid growth of Bitcoin on the BitMEX derivatives exchange, in just a few hours, short positions of $ 131.4 million were eliminated, Chepicap reports.

So, against the background of a jump to marks near $ 9000, almost 40 million short positions and only 287 thousand long positions were placed on BitMEX:

Bitmex Liquidations | 27.05.2019
Bitmex Liquidations | 27.05.2019

However, at the moment, longs prevail over shorts - 1 million long and 58 thousand short positions. As reported, currently Long liquidations dominate with $1.9 million in liquidations over the past 6 hours.

BitMEX Insurance Fund
BitMEX Insurance Fund

The BitMEX insurance fund continues to grow. It currently stores 26,667.5886 BTC or about $ 234 million.

ExchangesBittrexBlockchain

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   62

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."