Crazy stats coming out of various excchanges:
On Huobi, one of the largest digital exchanges, more than 10,000 leveraged users’ positions got liquidated, according to the company.
BitMex has seen an exodus of about 91,000 Bitcoins valued at more than $700 million, as trades blew up or speculators took funds elsewhere, according to data examined by Coin Metrics.
The average daily volume of top derivatives exchanges, including Huobi, BitMex and OkEx, dropped from 30% to nearly 60% between March and April,
Wow. Who’s left for the halving?