Ethereum Liquidation Numbers Misinterpreted Bitfinex Cto Clarifies

Last updated: June 9, 2025, 07:31

Ethereum Liquidation Numbers Misinterpreted Bitfinex Cto Clarifies

Paolo Ardoino

The Hidden Truth Behind Crypto Market Liquidations: A Call for

Bitfinex's $670M Ethereum (ETH) liquidations were a bug, says CTO, while the token drops below $1.8K

Paolo Ardoino, CTO of Bitfinex, has posted a Tweet clarifying what he claims is a misinterpretation of the Ethereum liquidation numbers

bitfinex CTO

Ethereum (ETH) Liquidations - coinalyze.net

[bitfinex CTO's response to Ethereum clearing data error: the data is the remaining position] according to the golden financial news, Paolo ardoino, chief technology

Are recent Ethereum liquidation numbers not valid?

Across the broader crypto market

Across the broader crypto market, Ethereum led over $2.3 billion in total crypto liquidations across 738,000 traders in 24 hours. Ethereum bore the brunt at $611 million

Ethereum Crashes By 18% Amid $2.3 Billion Crypto Liquidation

Clarification Text - Bitfinex

Ether

Bitfinex's $670M Ethereum (ETH) liquidations were a bug, says

Bitfinex is the longest-running and most liquid major cryptocurrency exchange. Founded in 2025, it has become the go-to platform for traders & institutional investors.

Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using

Recent claims by Bybit CEO

Recent claims by Bybit CEO Ben Zhou regarding the actual liquidation numbers beg further scrutiny, revealing a substantial discrepancy in reported figures. While

HTX accumulated $90.63 million of losses from traders, and other exchanges, such as CoinEx ($49.00 million), BitMEX ($8.53 million), and Bitfinex ($6.88

Traders take a neutral position after Ethereum futures contracts

ETH aggregated liquidations

$ETH Drives $231.82M in Liquidations as Total Market Losses

ETH aggregated liquidations = liquidations of coin-margined contracts liquidations of stablecoin-margined contracts converted to USD. For the moment only ETH/USD, ETH/USDT and

Bitfinex CTO responded to Ethereum clearing data error: the data