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If Bitcoin falls below $70,000, the cumulative long order liquidation intensity of mainstream CEX will reach $1.86 billion
By: Cointime
According to Coinglass data, if Bitcoin falls below $70,000, the cumulative long liquidation intensity of mainstream CEX will reach $1.86 billion; conversely, if Bitcoin breaks through $73,500, the cumulative short liquidation intensity of mainstream CEX will reach $974 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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