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If Bitcoin breaks new highs, the total liquidation strength of mainstream CEX short positions will reach 386 million

If Bitcoin breaks new highs, the total liquidation strength of mainstream CEX short positions will reach 386 million

Bitget2024/10/29 00:02

According to Coinglass data, if Bitcoin breaks through the historical high of $73,777, the total liquidation strength of short positions in mainstream CEX will reach 386 million. Conversely, if Bitcoin falls below $68,000, the total liquidation strength of long positions in mainstream CEX will reach 486 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.

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