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If Bitcoin breaks through $68,000, the mainstream CEX will have $801 million in short positions liquidated

If Bitcoin breaks through $68,000, the mainstream CEX will have $801 million in short positions liquidated

Bitget2024/07/17 03:55

According to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin rebounds and breaks through $68,000, it is expected that $801 million worth of short positions will be liquidated. If Bitcoin falls to around $63,000, it is anticipated that approximately $1.558 billion in long positions will be liquidated.

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