Bitmex is a cesspit of illegal trading and caused many major dumps in the past. Bitmex is designed to keep the bitcoin price as low as possible. So this week it may cause a dump to max 10400, but after that the bulls will take over.
This means that a massive amount of people will stop trading derivatives on bitmex, and perhaps stick to real trading with or without margin.
This means that a massive amount of people will stop trading derivatives on bitmex, and perhaps stick to real trading with or without margin.