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Data: If Bitcoin falls below $68,000, the total liquidation strength of mainstream CEX long positions will reach 580 million

Data: If Bitcoin falls below $68,000, the total liquidation strength of mainstream CEX long positions will reach 580 million

Bitget2024/11/04 10:17

According to Coinglass data, if Bitcoin falls below $68,000, the total liquidation strength of long positions on mainstream CEX will reach 580 million; 

Conversely, if Bitcoin breaks through $70,000, the total liquidation strength of short positions on mainstream CEX will reach 873 million.

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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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