If Bitcoin falls to $55,000, expect $620 million in long liquidations across CEX contracts
According to the data, based on current mainstream CEX contract positions, if the price of bitcoin falls to near $55,000, it is expected that $620 million of long orders will be liquidated in various CEX contracts.
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
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
