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4yrs ago Crypto ambcrypto Views: 282

BitMEX reports WebSocket API latency because of spikes of traffic in trading engine during Bitcoin's price move  AMBCrypto News

Bitcoin [BTC], the largest cryptocurrency by market cap, saw a dramatic price action yesterday, with the coin breaking through an important milestone - $9000 mark, and also losing around $1000 in its value within a few hours. Taking into this sudden increase and massive decrease, it was reported that both longs and short approx. to $32 million was liquidated on BitMEX, one of the leading margin trading platform. Notably, during the same timeframe, BitMEX experienced a WebSocket API latency, as reported by the exchange earlier today. The timeframe was reported to be 16:00 and 17:00 UTC on 30...


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