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If Bitcoin Falls Below $70,000, Mainstream CEX Cumulative Long Order Liquidation Intensity Will Reach $1.86 Billion

If Bitcoin Falls Below $70,000, Mainstream CEX Cumulative Long Order Liquidation Intensity Will Reach $1.86 Billion

Bitget2024/10/31 07:53

According to Coinglass, if Bitcoin falls below $70,000, the cumulative long liquidation intensity of mainstream CEX will be $1.86 billion; conversely, if Bitcoin breaks above $73,500, the cumulative short liquidation intensity of mainstream CEX will be $974 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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