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If Bitcoin breaks through $65,000, mainstream CEX will have $732 million in short positions liquidated

If Bitcoin breaks through $65,000, mainstream CEX will have $732 million in short positions liquidated

Bitget2024/07/15 09:44
BTC+0.69%

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.
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