CoinMarketCap Acquires CoinGlass in Crypto Derivatives Tracking Deal
CoinMarketCap has acquired CoinGlass, a popular platform for tracking liquidations and derivatives activity in cryptocurrencies such as Bitcoin (BTC), XRP, and Shiba Inu (SHIB).
The acquisition was completed on Thursday, but financial terms were not disclosed.
CoinGlass is used by traders to monitor leveraged positioning and provides detailed information on open interest, funding rates, liquidations, long/short ratios, options, ETF flows, and market structure tools.