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Data: If Bitcoin falls below $55,000, the total liquidation strength of mainstream CEX long positions will reach $765 million

Data: If Bitcoin falls below $55,000, the total liquidation strength of mainstream CEX long positions will reach $765 million

Bitget2024/09/11 07:15
BTC-2.67%

According to Coinglass data, if Bitcoin falls below $55,000, the total liquidation strength of long positions on mainstream CEX will reach 765 million. Conversely, if Bitcoin breaks through $58,000, the total liquidation strength of short positions on mainstream CEX will reach 585 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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