Bybit CEO: Real Crypto Liquidation Figures Could Be Much Higher Than Reported

TL;DR Ben Zhou, CEO of Bybit, estimates that crypto liquidations are between $8 billion and $10 billion, much higher than the reported $2 billion. Bybit’s 24-hour liquidation figure was $333 million, but Zhou emphasizes this is only a small part of the total market. Zhou warns that crypto market volatility remains high, urging traders to ... source: https://crypto-economy.com/bybit-ceo-real-crypto-liquidation-figures-could-be-much-higher-than-reported/