Bitcoin Perpetual on Bitfinex Briefly Spikes to $153,960 in Liquidity Glitch
- —BTC-PERP on Bitfinex briefly hit $153,960 while spot traded near $85,000
- —117,116 traders were liquidated across the market in 24 hours, totaling $688.07 million
- —Short liquidations accounted for $598.27 million, with $338.15 million in BTC
- —The BFX composite spot index stayed stable and did not exceed $84,406
Why it matters: The glitch highlights leverage risks: a thin order book on a single exchange can trigger a price spike without any move in spot markets.
Source: U.Today