BitMEX Price up 90%, Reserve Down 25% over the last 23 days.
Mis à jour
Since the fall on March 12th to below 4,000, price has recovered to now be at $6,800. This is over a 90% increase. But at the same time, traders are leaving BitMEX in droves it seems. Their reserve, which is a metric we provide in our cq.live dashboard, and CQ Datapack, has now gone from its peak the day before the drop, to where it was 6 months ago, back in October 2019. Historically, drops in BitMEX reserve have been associated with volatility, and this has been one of the most volatile periods for Bitcoin in recent history.
Check out cq.live to see the BitMEX reserve and other metrics in real time.
Check out cq.live to see the BitMEX reserve and other metrics in real time.
Note
🔥 Get Exchange & Miner Flows >>> cq.live/overview
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