Crypto Exchange Bibit said on Friday that all liquidation data can now be accessible through its enhanced API.
CEO Ben Zhou, weeks after questioning the estimates of bitcoin liquidation of cooringlasses, Bibit has publicly available its liquidity data through an advanced API. In 21 February Press releaseBybit said that updated gives real -time access to traders, analysts and institutions for detailed market activity, which provides every 500 milliseconds updates.
“This ensures that each liquidation phenomenon is captured and disclosed without any delay, a new standard for openness and reliability in the digital asset market.”
Bibit
Jhou called the move “an active approach in response to the demand for openness of the Crypto community, saying that it offers traders and analysts to” full and real -time market data “.
Bybit says that this update corrects the interval in the reported liquidity data that were previously limited by the API restrictions. Coinglass has already integrated the liquidity data of bybit in its system.
Earlier this month, Crypto’s traders suffered heavy losses, as liquidation lost more than $ 2.2 billion. Bitcoin (BTC) fell to $ 91,000, while Ethereum (Eth) crashed 20% in a single day. Analysts using co -operative data stated that the wipeout was larger than the covid crash and FTX collapse.
But Zhou suggested on X that the number of coatinglasses may have been determined due to the API limit. He also indicated that other platforms may have similar restrictions, but did not name them.
