If Bitcoin breaks through $65,000, mainstream CEX will have $732 million in short positions liquidated
Bitget2024/07/15 09:44
According to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin rebounds and breaks through $65,000, it is expected that $732 million worth of short positions will be liquidated. If Bitcoin falls to around $61,000, it is anticipated that $942 million worth of long positions will be liquidated.
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Data: If ETH surpasses $3,240, the cumulative short liquidation intensity on major CEXs will reach $1.532 billions.
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