If Bitcoin surpasses $111,000, the cumulative short liquidation intensity on major CEXs will reach $1.135 billion
According to a report by Jinse Finance, based on Coinglass data, if Bitcoin surpasses $111,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.135 billion. Conversely, if Bitcoin falls below $109,000, the cumulative long liquidation intensity on mainstream CEX will reach $243 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.
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