In 2019, $20 billion worth of traders' positions were liquidated on the BitMEX bitcoin derivatives exchange. This is an increase of almost 20%.more than the previous year.
</p>Based on the average leverage of 25x, users lost $ 800 million.
Recall that the BitMEX insurance fund contains 33,470 BTC (0.18% of the current market supply).
In terms of futures trading volume, BitMEX is inferior to Huobi and OKEx.
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