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BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash

BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price CrashBitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash

(BTC) derivatives exchange BitMEX continues to field criticism after attempting to explain a mass liquidation event during which crashed 60%.

In a blog post on March 23, BitMEX addressed what it says were “a number of questions” from traders since the event occurred eleven days ago.

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