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Analysis: If BTC rebounds to $72,300, it will trigger $5.6 billion in short liquidations

Analysis: If BTC rebounds to $72,300, it will trigger $5.6 billion in short liquidations

CointimeCointime2024/07/14 06:43
By:Cointime

According to on-chain analyst Ali's data published on X platform, if Bitcoin triggers a U-shaped rebound and rises to $72,300, there will be as much as $5.6 billion of liquidity on the market facing short liquidation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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