If Bitcoin breaks new highs, the total liquidation strength of mainstream CEX short orders will reach 215 million

Bitget2024/11/06 01:11

According to Coinglass data, if Bitcoin breaks through its historical high, the total liquidation strength of mainstream CEX short positions will reach 215 million. Conversely, if Bitcoin falls below $68,000, the total liquidation strength of mainstream CEX long positions will reach 484 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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If Bitcoin breaks new highs, the total liquidation strength of mainstream CEX short orders will reach 215 million

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