With the recent news of Bitmex being investigated by the Commission on Urgent Exchange Trade USA (CFTC), apparently over the past day, more than $ 85 million has been withdrawn from the Bitcoin derivatives exchange.
But the recent report by skew reveals that the volume level within the exchange was not seriously affected. It says:
📌 Short answer is not looking at the avg bid / offer spread to trade $ 10mln of XBTUSD perpetual swap.
✏️ Minor liquidations on the 1,000 $ squeeze up — another data point on shorts being less leveraged than longs.
🔖 Inflow and outflow nothing out of the ordinary, really.
One of the conclusions we can draw from this is: 📚the panic can come into play, but ultimately the community decides.
And another:📍 the market has ups and downs, but never the trading volume never stops. Such a thought by which we must more reflect.
“ So learn to swim in the sea and do not let panic be your best friend ”.
