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‘A Lot More Than $2B’: Bybit CEO Shares ‘Real’ Crypto Market Liquidation Estimate

Bitcoinist LogoBitcoinist13h ago

‘A Lot More Than $2B’: Bybit CEO Shares ‘Real’ Crypto Market Liquidation Estimate - Bitcoinist

Quick Summary:

Over the weekend, the crypto market experienced its largest correction in months, reportedly fueled by the new US tariffs on Canada, Mexico, and China.

The market closed the first two days of February in red, with a 21% retrace from Friday’s highs.

The news also ignited a massive leverage liquidation worth billions of dollars.

More Pictures

‘A Lot More Than $2B’: Bybit CEO Shares ‘Real’ Crypto Market Liquidation Estimate - Bitcoinist (Picture 1)‘A Lot More Than $2B’: Bybit CEO Shares ‘Real’ Crypto Market Liquidation Estimate - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 06:00:29 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25878143

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "‘A Lot More Than $2B’: Bybit CEO Shares ‘Real’ Crypto Market Liquidation Estimate" was covered 13 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #25878143
  • URL: https://beamstart.com/news/a-lot-more-than-2b-17386491886252

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