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Mainstream CEX Cumulative Short Order Liquidation Intensity to Reach 1.286 Billion if Bitcoin Breaks Record Highs

Mainstream CEX Cumulative Short Order Liquidation Intensity to Reach 1.286 Billion if Bitcoin Breaks Record Highs

Bitget2024/10/31 07:15

On Oct. 31, if Bitcoin breaks above $73,777 to a new all-time high, the cumulative short order liquidation strength of mainstream CEX will reach 1.286 billion, according to Coinglass. Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation strength of mainstream CEX will reach 1.815 billion.

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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