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If Bitcoin breaks through $70,000, mainstream CEX will have $828 million in short orders liquidated

If Bitcoin breaks through $70,000, mainstream CEX will have $828 million in short orders liquidated

CointimeCointime2024/07/22 03:26
By:Cointime

According to Coinglass data, based on the current mainstream CEX contract positions, if Bitcoin rises above $70,000, it is estimated that there will be $828 million in short liquidation. If Bitcoin falls to around $66,000, it is estimated that there will be $1.069 billion in long liquidation.

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