Vetle Lunde, a senior analyst at K33 Research, recently published an analysis revealing that cryptocurrency market liquidations might be underreported.
In his report dated August 29, Lunde highlighted that major exchanges such as Binance, Bybit, and OKX have changed their liquidation data reporting methods since 2021.
This alteration could lead to a significant gap between reported and actual liquidations in the cryptocurrency market.
Such findings underline the need for more transparent reporting practices within the industry.
