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Tag Archives: Bitmex

BitMEXodus: Bitcoin Traders Abandon Exchange Amid CFTC Probe

July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading platforms: BitMEX.BitMEX Just Had Its Worst Month Ever by One Key MetricData curated by TokenAnalyst reveals that BitMEX, a cryptocurrency exchange that offers up to 100x leverage, suffered nearly $525 million in net bitcoin outflows in July, by far its worst-ever month by this metric.More than half-a-billion dollars worth of bitcoin fled BitMEX in July. |...

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