PANews reported on February 3 that Bybit CEO Ben Zhou wrote on the X platform, "I'm afraid that the actual total liquidation amount in today's cryptocurrency market is far more than $2 billion. According to my estimate, it should be at least between $8 billion and $10 billion. Bybit's 24-hour liquidation amount alone reached $2.1 billion. Coinglass recorded Bybit's 24-hour liquidation amount as approximately $333 million, but this is not all liquidation data. We have an API limit on pushing data per second. From my observation, other trading platforms have similar practices to limit the push of liquidation data. In the future, Bybit will start to push all liquidation data like other data. We believe that transparency is very important."