$200 Billion wiped out in liquidations across Top 8 Crypto Exchanges over the last 6 years!
#Binance leads with ~$48B nuked.
85% of liquidations came from the Big 5:
Binance: 25% ($48B)
Bybit: 20% ($37.81B)
BitMEX: 19% ($36.8B)
OKX: 12% ($22.40B)
Gateio: 11% ($21.3B)
2025 alone (3 months): $14B liquidated already!
Risk mgmt isn't optional. It's survival.