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If Bitcoin breaks through a new high, the cumulative short order liquidation intensity of mainstream CEX will reach 215 million

If Bitcoin breaks through a new high, the cumulative short order liquidation intensity of mainstream CEX will reach 215 million

CointimeCointime2024/11/06 00:55
By:Cointime

According to Coinglass data if Bitcoin breaks through its historical high, the cumulative liquidation intensity of mainstream CEX short positions will reach 215 million yuan. Conversely, if Bitcoin falls below $68,000, the cumulative liquidation intensity of mainstream CEX long positions will reach 484 million yuan.

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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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