News and analysis on encrypted currencies, Blockchain and decentralized financing

According to the CEO Pipethe Real qualifiers in the encryption market In the past 24 hours, it had reached a value between 8 dollars and 10 billion dollarsA much higher number of data reported by platforms like Coinglass. This gap highlights the great contradictions in mathematical processes and raises questions about the reliability of the scales that are usually used to monitor the encryption markets.

Analysis of the references in the encryption market: What it is and why is it important

References in the cryptocurrency market occur when merchants, who are often placed on subsidized trading platforms, fail to meet margin requirements. In other words, their sites are automatically closed to prevent more losses. This phenomenon is especially common in a volatile market like Crypto One, where prices can face sudden and important fluctuations.

According to Coinglass data, the references have reached almost the last session 1 billion dollars. However, Ben Chu, BYBIT CEO, stated that this number greatly reduces the real range of the phenomenon. Zhou estimated that the total liquidation can be between 8 dollars and 10 billion dollarsA significant margin.

Coinglass vs bybit: Why are estimates vary?

Comparison between estimates Coinglass And those of Pipe It raises doubts about how to calculate the filter. Coinglass is a widely used platform for liquidation monitoring and market data, but, according to ZHou, you may not pick up the calculation of the full spectrum of the actual references.

One of the possible explanations is that Coinglass focuses on a limited data sampleAnalyze only some commerce Platforms or overlooking filters that were implemented on less well -known exchanges. On the other hand, Bybit may use a wider approach that includes a liquidation resulting from complex financial tools, such as encryption derivatives or permanent contracts, which do not always fall into traditional measures.

Forced liquidation and the effects of the encryption market

This size qualifiers are not just numbers: they have a concrete effect on the market. When large amounts of places are filtered, the domino effect can lead to amplification of fluctuations, which causes a Low prices and increased pressure. This phenomenon is especially clear in the low -liquidity markets, as a small imbalance between supply and demand can be generated by important movements.

Moreover, the gap between the BYBIT and Coinglas estimates highlights the need for The biggest transparency and unification In the encryption sector data. For investors, these differences can represent additional risks, which makes it difficult to correctly evaluate the market and make enlightened decisions.

A constantly developed market

the Coded The market is volatile and often unpredictable. However, such episodes highlight how the lack of central and accurate data can highlight uncertainty. BYBIT CEO data indicates this The current market control tools may not be strong enough To capture the complexity of the landscape of encryption.

In the context of the sector that continues to attract institutional investors and retail trade, the accuracy of the data becomes crucial. Analysis platforms will need to develop better to reflect the reality of the market, including the most advanced standards and the most comprehensive curricula.

Conclusions

BYBIT CEO, which indicates qualifiers in order 10 billion dollarsHighlighting the complexity and fluctuation of the cryptocurrency market. This episode not only emphasizes the importance of monitoring the liquidation closely, but also highlights the gaps in the current ways to collect and analyze data.

For investors, it is necessary to understand that the analysis platforms, while beneficial tools, can have restrictions. Dependence on multiple sources and maintaining a critical vision of the available data can make the difference in the market where each decision is important.