Paolo Ardoino

Ethereum Crashes By 18% Amid $2.3 Billion Crypto Liquidation

Traders take a neutral position after Ethereum futures contracts

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

Recent claims by Bybit CEO

[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

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

ETH aggregated liquidations

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

Are recent Ethereum liquidation numbers not valid?

HTX accumulated

Ethereum (ETH) Liquidations - coinalyze.net

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

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

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

The Hidden Truth Behind Crypto Market Liquidations: A Call for

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

Bitfinex

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

Clarification Text - Bitfinex

Bitfinex CTO responded to Ethereum clearing data error: the data