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...
Bitcoin loses 30k support, as futures open interest contracts unwind
Bitcoin loses 30,000 support, as a result over $100M has been liquidated in crypto over the past 24 hours.
Quick Take
- Bitcoin lost its $30,000 support this morning and is currently at $29,500.
- Five days ago, CryptoSlate analyzed that open interest jumped by the fifth largest amount in one day. This was a significant driver in pushing the price over $30,000.
- In the past 24 hours, over $100 million of liquidations have occurred in crypto, flushing out late longs.
- Roughly 375,000 BTC sit in open futures contracts, a decrease of 25,000 BTC from the weekend.



















