CoinMarketCap Acquires Go-To BTC, XRP, SHIB Liquidation Tracker CoinGlass

CoinMarketCap has acquired CoinGlass, a platform used to track liquidations and derivatives data for various cryptocurrencies. The acquisition was completed on Thursday, although financial terms were not disclosed.

CoinGlass is a popular analytics tool among cryptocurrency traders, particularly those who use leverage with assets like Bitcoin (BTC), XRP, and Shiba Inu (SHIB). Its dashboards and heatmaps have become a staple in the industry.

Despite being acquired by CoinMarketCap, CoinGlass will continue to operate independently. The platform will maintain its website and mobile app, covering over 28 exchanges and more than 2,500 instruments.