If Bitcoin Falls Below $70,000, Mainstream CEX Cumulative Long Order Liquidation Intensity Will Reach $2.38 Billion
According to Coinglass, if Bitcoin falls below $70,000, the cumulative long liquidation intensity of mainstream CEX will be $2.38 billion; conversely, if Bitcoin breaks $73,000, the cumulative short liquidation intensity of mainstream CEX will be $440 million.
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
USD.AI developer Permian Labs receives investment from a certain exchange's Ventures
Machi Big Brother's ETH long position partially liquidated due to low margin
Yala: We have noticed the recent liquidity issues and will provide a clear development plan by December 15.
CV5 Capital and Enzyme form a strategic partnership to launch institutional-grade tokenized fund solutions