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

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

Cointime2024/07/15 08:52
By: Cointime
BTC+0.35%

According to Coinglass data based on the current mainstream CEX contract positions, if Bitcoin rises above $65,000, it is expected that $732 million in short positions will be liquidated. If Bitcoin falls to around $61,000, it is expected that $942 million in 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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