If Bitcoin breaks through $65,000, the total liquidation strength of mainstream CEX short positions will reach $651 million
According to Coinglass data, if Bitcoin breaks through $65,000, the total liquidation strength of short positions in mainstream CEX will reach 651 million. Conversely, if Bitcoin falls below $62,000, the total liquidation strength of long positions in mainstream CEX will reach 1.242 billion.
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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