Deribit's BTC contract insurance fund fell 92.5% in two days

The bitcoin insurance fund on BlockBeats fell from $3.1 million (392 BTC) to $227,000 in two days, according to data from the Deribit trading platform. The drop occurred almost in one day. As of press time, there are about 44.3 BTC in the insurance fund. BitMEX's insurance fund, on the other hand, lost 1627 BTC (so far), but only 4.6% of the total. Relatively unaffected.

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