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If Bitcoin breaks through $73,500, the cumulative short order liquidation strength of mainstream CEX will reach $2.2 billion

If Bitcoin breaks through $73,500, the cumulative short order liquidation strength of mainstream CEX will reach $2.2 billion

CointimeCointime2024/11/01 11:44
By:Cointime

According to Coinglass data, if Bitcoin falls below $68,000, the cumulative liquidation intensity of mainstream CEX long positions will reach $1.065 billion; conversely, if Bitcoin surpasses $73,500, the cumulative liquidation intensity of mainstream CEX short positions will reach $2.2 billion.

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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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