If Bitcoin breaks through $65,000, mainstream CEX will have $732 million in short positions liquidated
According to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin rebounds and breaks through $65,000, it is expected that $732 million worth of short positions will be liquidated. If Bitcoin falls to around $61,000, it is anticipated that $942 million worth of long positions will 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: The current Crypto Fear & Greed Index is 9, indicating an extreme fear state.
Multiple U.S. hedge funds reduced holdings in the "Tech Magnificent Seven" in Q3
DCR is currently priced at $37.04, up 10.6% in the past 24 hours.
Trending news
MoreCrypto prices
More
