The Singapore-based firm said Wednesday the new mechanism, integrated into its crypto derivatives marketplace, would halt all liquidations – where a trader's position is automatically closed – during periods when volatility starts to present a real risk for traders. Huobi's new feature comes a week after several crypto derivatives exchanges reported record liquidations following a sudden collapse in the bitcoin price. BitMEX registered more than $700 million in just 15 minutes last Thursday as bitcoin (BTC) plummeted through its support levels.

https://www.coindesk.com/huobi-adds-crypto-circuit-breaker-after-last-weeks-mass-liquidations