If Bitcoin falls to $50,000, mainstream CEX will have $489 million in long orders liquidated
Odaily2024/07/05 07:04
By:Odaily
Odaily News Coingalss data shows that based on the current mainstream CEX contract positions, if
Bitcoin falls to around $50,000, it is estimated that CEX will have $489 million in long orders liquidated. On the other hand, under a unilateral downward trend, as long orders decrease, short orders increase. If Bitcoin rebounds to around $56,000, it is expected that $791 million in short orders will be liquidated.
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