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Data: If Bitcoin falls below $94,000, the mainstream CEX cumulative long liquidation strength will reach 1.054 billion

Data: If Bitcoin falls below $94,000, the mainstream CEX cumulative long liquidation strength will reach 1.054 billion

Bitget2024/11/28 12:42
BTC+0.39%

According to Coinglass data, if Bitcoin breaks through $97,000, the total liquidation strength of short positions on mainstream CEX will reach 811 million. Conversely, if Bitcoin falls below $94,000, the total liquidation strength of long positions on mainstream CEX will reach 1.054 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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