TechFlow reported on February 3 that data analytics platform Coinglass called on Binance to publicly disclose all liquidation data. "Binance needs to release all liquidation data now. Around June 2021, Binance restricted the dissemination of its liquidation data. CZ believed that excessive liquidation data could negatively impact their perpetual contract business. On the other hand, too much liquidation data might trigger widespread media coverage and attract regulatory scrutiny. However, data transparency is a core value of blockchain."
Previous report: Bybit CEO Ben Zhou disclosed that the actual 24-hour liquidation volume in the cryptocurrency market could reach $8–10 billion, far exceeding the figures shown by Coinglass.
Add to Favorites
Share to Social Media
