If Bitcoin falls below $57,000, the cumulative long order liquidation intensity of mainstream CEX will reach 607 million
On August 15th, according to Coinglass data, if Bitcoin falls below $57,000, the cumulative liquidation intensity of mainstream CEX long positions will reach 607 million. Conversely, if Bitcoin breaks through $59,000, the cumulative liquidation intensity of mainstream CEX short positions will reach 217 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.
You may also like
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
[Initial Listing] Bitget Will List Planck (PLANCK) in the Innovation, AI and DePIN Zone
