“The Move is Meant to Help Lure Institute Investors and Improve Market Transparency.”, – WRITE: www.coindesk.com
With the upgrade, the api Deliveers Liquidation Data Updates every 500 Millisconds, Twice As Fast as The Previoous Version, Which Provides One Update Per Seconding Per.
The Change Ensures That Eve Liquidation Event Is Captured in Real Time, Eliminating Blind Spots that Previoously Obscured the True Scope of Market Activity
“The Real Spirit of Crypto is Transparency. By Making All Liquidation Data Fully Public, We’re Empowering Traders and Analysts with the Insights they Need, ”CEO and CO-FOUNDER Ben Zhou Said in A Statement.
Liquidation DATA HELPS TRADRIFY Market Trends, Support and Resistance Levels, and Potential Valativity Spikes. Examining the Data Will Provide Traders, Analysts, and Institutional Investors with Real-Time Insights Into Market Activity.
Earlier this month, significant volatility lad to over $ 2.2 Billion in Liquidations Being Reported in Just 24 Hours. At the time, zhou said that “Real Total Liquidation is a Lot More Than $ 2b, by My Estimation It Should Be at Least $ 8-10b.”
He Revealed that on Bybit Alone, Liquidations Hit $ 2.1 Billion in The Previos 24 Hours. API limits, he Said, Were to blame for the Lack of Proper Data on Tese Events.
