Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Roughly $220M in liquidations driven by Kraken settlement with SEC
Kraken will discontinue its staking services as part of a settlement with the SEC.
Quick Take:
- Crypto exchange Kraken will discontinue its staking services for U.S. customers as part of a settlement with the SEC, according to a press release from the regulator on Feb. 9.
- The settlement triggered a sell-the-news event and caused panic in the crypto industry.
- This triggered mass liquidations, roughly $200 million worth of long and $20 million of short liquidations, the highest amount since mid-January.


















