Mainstream CEX Will Have $1.522 Billion in Short Liquidations If Bitcoin Breaks $70,000
According to Coingalss, based on current mainstream CEX contract positions, $1.522 billion in short liquidations are expected if bitcoin rallies above $70,000, and $1.382 billion in long liquidations are expected if bitcoin falls near $64,000, according to Coingalss. If Bitcoin falls to near $64,000, $1.382 billion in long positions are expected to be liquidated.
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.
You may also like
Data: Hyperliquid platform whales currently hold $4.293 billions in positions, with a long-short ratio of 0.9
Nasdaq Head of Crypto Business Pledges to "Accelerate" Stock Tokenization Process
Today's Fear and Greed Index remains at 28, indicating a level of fear.
Trending news
MoreCrypto prices
More
