If Bitcoin breaks through $70,000, mainstream CEX will have $828 million in short orders liquidated
According to Coinglass data, based on the current mainstream CEX contract positions, if Bitcoin rises above $70,000, it is estimated that there will be $828 million in short liquidation. If Bitcoin falls to around $66,000, it is estimated that there will be $1.069 billion in long liquidation.
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
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Bitget Launches HYPE On-chain Earn With 2.1~4.5% APR
New spot margin trading pair — ERA/USDT!
Launchpool - Unique ERA Event: Stake BTC ETH for a Chance to Win a 10% APR Boost
Trending news
MoreCrypto prices
More
