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March 27, 2020by Laura Shin

What Happened on BitMEX During Black Thursday

Antoine Le Calvez, blockchain data engineer at Coin Metrics, explains what happened during the Bitcoin liquidation spiral on March 12, why it was so significant for the Bitcoin markets, and how a DDOS attack affected trading on BitMEX and the Bitcoin price during a period of high liquidations. We also discuss how Bitcoin liquidity has changed since Black Thursday, why that might be, and also what the coronavirus is showing us about Bitcoin’s correlation to traditional financial assets. 

Thank you to our sponsors! 

eToro: https://www.etoro.com

Crypto.com: https://crypto.com

Kelman Law: https://kelman.law

Episode links: 

Antoine Le Calvez: https://twitter.com/khannib

Coin Metrics: https://coinmetrics.substack.com

Coin Metrics’ BitMEX post: https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-bf8

BitMEX on the DDOS attack: https://blog.bitmex.com/how-we-are-responding-to-last-weeks-ddos-attacks/

BitMEX Insurance Fund: https://blog.bitmex.com/bitmex-insurance-fund-your-questions-answered/

Links from news recap:

https://unchainedpodcast.com/the-jaw-dropping-events-of-black-thursday/

 

Posted in: 2020, Shows, UnconfirmedTagged in: bitcoin, Bitmex, blockchain, crypto, Cryptocurrencies, cryptocurrency, ethereum, investment, leverage, Liquidation

Our guests on this episode:
Antoine Le Calvez, blockchain data engineer at Coin Metrics

Antoine Le Calvez`

Blockchain Data Engineer at Coin Metrics

© Copyright 2022 – 2023 Laura Shin Media LLC. All Rights Reserved.

Website by Zach Swinehart.

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Unchained Podcast

  • Podcast
  • Book
  • Newsletters
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  • Resources
    • Crypto Glossary
  • About
  • Contact
    • Sponsors
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