If Bitcoin breaks through $70,000, mainstream CEX will have $828 million in short orders liquidated
According to Coinglass data, based on the current mainstream CEX contract positions, if Bitcoin rises above $70,000, it is estimated that there will be $828 million in short liquidation. If Bitcoin falls to around $66,000, it is estimated that there will be $1.069 billion in long liquidation.
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
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
