Data: If Bitcoin falls to $50,000, mainstream CEX will have $658 million in long orders liquidated
According to ChainCatcher, based on Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin falls to around $50,000, it is estimated that CEX will have $658 million in long orders liquidated.
On the other hand, under a unilateral downward trend, as long orders decrease, short orders increase. If Bitcoin rebounds to around $58,000, it is estimated that $1.522 billion in short orders 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.
You may also like
AI real estate technology company EliseAI raises $250 million in Series E funding led by a16z
Lagarde: Economic Growth Slows as Trade Uncertainty Persists
Fed Meeting Minutes to Reveal Internal Divisions, Set for Release at 2 AM Tonight
Analysis: USDC Supply on Hyperliquid Reaches 4.82 Billion
Trending news
MoreCrypto prices
More








